# PPP loan: LOOP ASPHALT SERVICES LLC
> **$160K** approved 02/03/2021 · Paid in Full · Loan `2486728406`
## Borrower
- **Name:** LOOP ASPHALT SERVICES LLC
- **Address:** 15517 Road 139, Cecil, OH, 45821-9732
- **NAICS:** 238910
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 10/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $160K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** The Farmers & Merchants State Bank
- **Servicing:** The Farmers & Merchants State Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*