# PPP loan: ASPHALT GREEN INC.
> **$3.51M** approved 04/11/2020 · Exemption 4 · Loan `3308707101`
## Borrower
- **Name:** ASPHALT GREEN INC.
- **Address:** 555 East 90th Street 0.0, New York, NY, 10128-7803
- **NAICS:** 713940
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.51M
- **Initial approval:** $3.51M
- **Forgiven:** $3.34M (95%)
- **Forgiveness date:** 06/18/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.82M
- **Rent:** $40K
- **Utilities:** $150K
- **Health care:** $500K
- **Jobs reported:** 299
## 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*