# PPP loan: AMERICAN PAVING & ASPHALT, INC.
> **$181K** approved 04/13/2020 · Paid in Full · Loan `4382637107`
## Borrower
- **Name:** AMERICAN PAVING & ASPHALT, INC.
- **Address:** 2149 Wabash Ave, LAFAYETTE, IN, 47909-1082
- **NAICS:** 324121
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $181K
- **Initial approval:** $181K
- **Forgiven:** $183K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $159K
- **Rent:** $22K
- **Utilities:** $700
- **Jobs reported:** 18
## Lender
- **Originating:** Purdue FCU
- **Servicing:** Purdue FCU (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*