# PPP loan: STAVOLA ASPHALT COMPANY, INC
> **$2.03M** approved 04/30/2020 · Paid in Full · Loan `5968777301`
## Borrower
- **Name:** STAVOLA ASPHALT COMPANY, INC
- **Address:** 175 Drift Road, EATONTOWN, NJ, 07724
- **NAICS:** 423330
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $2.03M
- **Initial approval:** $2.03M
- **Forgiven:** $2.08M (102%)
- **Forgiveness date:** 07/06/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.03M
- **Jobs reported:** 94
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*