# PPP loan: ASPHALT PAVING & MATERIALS CO.
> **$250K** approved 04/04/2020 · Paid in Full · Loan `4677807009`
## Borrower
- **Name:** ASPHALT PAVING & MATERIALS CO.
- **Address:** 1836 US HWY 14 E, HURON, SD, 57350-7962
- **NAICS:** 324121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $254K (101%)
- **Forgiveness date:** 08/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $250K
- **Jobs reported:** 16
## Lender
- **Originating:** American Bank and Trust
- **Servicing:** American Bank and Trust (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*