# PPP loan: ASPHALT INSTITUTE INC.
> **$668K** approved 01/26/2021 · Paid in Full · Loan `6201528302`
## Borrower
- **Name:** ASPHALT INSTITUTE INC.
- **Address:** 2696 Research Park Dr, Lexington, KY, 40511-8480
- **NAICS:** 813910
- **Business type:** 501(c)6 ¿ Non Profit Membership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $668K
- **Initial approval:** $668K
- **Forgiven:** $671K (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $668K
- **Jobs reported:** 31
## Lender
- **Originating:** Central Bank & Trust Co.
- **Servicing:** Central Bank & Trust Co. (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*