# PPP loan: AMERICAN ASPHALT PAVING CO.
> **$1.69M** approved 04/04/2020 · Paid in Full · Loan `4654097007`
## Borrower
- **Name:** AMERICAN ASPHALT PAVING CO.
- **Address:** 500 Chase Road, SHAVERTOWN, PA, 18708-9622
- **NAICS:** 237210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.69M
- **Initial approval:** $1.69M
- **Forgiven:** $1.70M (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.69M
- **Jobs reported:** 135
## Lender
- **Originating:** Peoples Security Bank and Trust Company
- **Servicing:** Peoples Security Bank and Trust Company (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*