# PPP loan: ASPHALT SYSTEMS INC.
> **$553K** approved 04/12/2020 · Paid in Full · Loan `4154777101`
## Borrower
- **Name:** ASPHALT SYSTEMS INC.
- **Address:** 2775 West 1500 South, SALT LAKE CITY, UT, 84104-4621
- **NAICS:** 324121
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $553K
- **Initial approval:** $553K
- **Forgiven:** $556K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $553K
- **Jobs reported:** 26
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*