# PPP loan: SOUTHERN ASPHALT, INC
> **$2.05M** approved 04/04/2020 · Paid in Full · Loan `4792497007`
## Borrower
- **Name:** SOUTHERN ASPHALT, INC
- **Address:** PO Box 1549, CONWAY, SC, 29528
- **NAICS:** 324121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.05M
- **Initial approval:** $2.05M
- **Forgiven:** $2.07M (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.54M
- **Mortgage interest:** $512K
- **Jobs reported:** 230
## Lender
- **Originating:** Anderson Brothers Bank
- **Servicing:** Anderson Brothers Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*