# PPP loan: ROY'S PAVING & SEALCOATING COMPANY
> **$176K** approved 06/03/2020 · Paid in Full · Loan `7298937801`
## Borrower
- **Name:** ROY'S PAVING & SEALCOATING COMPANY
- **Address:** 4240 166TH ST, OAK FOREST, IL, 60452-4609
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $176K
- **Initial approval:** $176K
- **Forgiven:** $177K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $167K
- **Rent:** $7K
- **Utilities:** $1K
- **Jobs reported:** 9
## Lender
- **Originating:** Old Second National Bank
- **Servicing:** Old Second National Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*