# PPP loan: A & A MATERIALS, INC.
> **$241K** approved 05/01/2020 · Paid in Full · Loan `1598407702`
## Borrower
- **Name:** A & A MATERIALS, INC.
- **Address:** 10333 E MCDOWELL RD, SCOTTSDALE, AZ, 85256
- **NAICS:** 423320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $241K
- **Initial approval:** $241K
- **Forgiven:** $244K (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $158K
- **Rent:** $48K
- **Health care:** $35K
- **Jobs reported:** 27
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*