# PPP loan: AMERICAN ASPHALT PAVING & SEALCOATING,I
> **$555K** approved 05/01/2020 · Paid in Full · Loan `1706577705`
## Borrower
- **Name:** AMERICAN ASPHALT PAVING & SEALCOATING,I
- **Address:** 642 N 17TH AVE, PHOENIX, AZ, 85007
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $555K
- **Initial approval:** $555K
- **Forgiven:** $562K (101%)
- **Forgiveness date:** 08/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $555K
- **Jobs reported:** 45
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*