# PPP loan: ASPHALT PAVING OF SHELBY INC.
> **$378K** approved 01/19/2021 · Paid in Full · Loan `1758208305`
## Borrower
- **Name:** ASPHALT PAVING OF SHELBY INC.
- **Address:** 124 Long Branch Rd, Kings Mountain, NC, 28086-8574
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $378K
- **Initial approval:** $378K
- **Forgiven:** $381K (101%)
- **Forgiveness date:** 09/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $378K
- **Utilities:** $1
- **Jobs reported:** 36
## Lender
- **Originating:** Commercial Bank
- **Servicing:** Commercial Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*