ARMREY INDUSTRIES INC. (VI) - 2020 PPP Loan Borrower Profile (# 7873507210)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARMREY INDUSTRIES INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in US Virgin Islands.

Loan Detail

Loan Number

7873507210

SBA Office Code

0252

Processing Method

PPP

Curent Loan Amount

$80,000

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$80,342.22

Date Loan was Forgiven

Oct 13, 2020

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

80,000

Lender

United Fidelity Bank, FSB

Business Detail

Business Type

Subchapter S Corporation

NAICS

321999

Borrower Location

CHRISTIANSTED, VI

Project Location

CHRISTIANSTED, VI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.