# PPP loan: UNIVERSAL ASPHALT CO., INC.
> **$738K** approved 04/27/2020 · Paid in Full · Loan `5244087202`
## Borrower
- **Name:** UNIVERSAL ASPHALT CO., INC.
- **Address:** 10610 So. PAINTER AVE, SANTA FE SPRINGS, CA, 90670-4030
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $738K
- **Initial approval:** $738K
- **Forgiven:** $745K (101%)
- **Forgiveness date:** 04/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $706K
- **Utilities:** $32K
- **Jobs reported:** 28
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*