# PPP loan: ALL STATES ASPHALT, INC.
> **$6.90M** approved 04/05/2020 · Paid in Full · Loan `5501837008`
## Borrower
- **Name:** ALL STATES ASPHALT, INC.
- **Address:** 112 AMHERST RD, SUNDERLAND, MA, 01375-9450
- **NAICS:** 324121
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.90M
- **Initial approval:** $6.90M
- **Forgiven:** $6.97M (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.90M
- **Jobs reported:** 465
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*