# PPP loan: ERICKSON ASPHALT SERVICES INC
> **$220K** approved 04/04/2020 · Paid in Full · Loan `4708167000`
## Borrower
- **Name:** ERICKSON ASPHALT SERVICES INC
- **Address:** 12739 320TH AVE, PRINCETON, MN, 55371-3383
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $220K
- **Initial approval:** $220K
- **Forgiven:** $221K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $220K
- **Jobs reported:** 24
## Lender
- **Originating:** The Bank of Elk River
- **Servicing:** The Bank of Elk River (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*