# PPP loan: EASTERN ASPHALT CO INC.
> **$218K** approved 02/18/2021 · Paid in Full · Loan `1359288506`
## Borrower
- **Name:** EASTERN ASPHALT CO INC.
- **Address:** G5172 N Dort Hwy, Flint, MI, 48505-1829
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $218K
- **Initial approval:** $218K
- **Forgiven:** $221K (101%)
- **Forgiveness date:** 03/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $218K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** ELGA CU
- **Servicing:** ELGA CU (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*