# PPP loan: GERKEN ASPHALT PAVING INC
> **$797K** approved 08/01/2020 · Paid in Full · Loan `2405228201`
## Borrower
- **Name:** GERKEN ASPHALT PAVING INC
- **Address:** 9072 County Rd 424, NAPOLEON, OH, 43545
- **NAICS:** 237990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $797K
- **Initial approval:** $797K
- **Forgiven:** $803K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $797K
- **Jobs reported:** 24
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*