# PPP loan: BLACKTOP CONCEPTS INC
> **$240K** approved 05/07/2021 · Paid in Full · Loan `7317668904`
## Borrower
- **Name:** BLACKTOP CONCEPTS INC
- **Address:** 245 Red Pine Cir, Hudson, WI, 54016-6723
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $240K
- **Initial approval:** $240K
- **Forgiven:** $241K (101%)
- **Forgiveness date:** 02/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $240K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** Lake Elmo Bank
- **Servicing:** Lake Elmo Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*