# PPP loan: HI-TECH ASPHALT SOLUTIONS, INC.
> **$192K** approved 04/06/2020 · Paid in Full · Loan `6256567010`
## Borrower
- **Name:** HI-TECH ASPHALT SOLUTIONS, INC.
- **Address:** 6055 Mechanicsville Turnpike, MECHANICSVILLE, VA, 23111-4566
- **NAICS:** 324121
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $192K
- **Initial approval:** $192K
- **Forgiven:** $194K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $192K
- **Jobs reported:** 11
## Lender
- **Originating:** United Bank
- **Servicing:** United Bank (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*