# PPP loan: AMBRAW ASPHALT MATERIALS, INC.
> **$294K** approved 04/28/2020 · Paid in Full · Loan `7709957203`
## Borrower
- **Name:** AMBRAW ASPHALT MATERIALS, INC.
- **Address:** 9930 State Route 1, LAWRENCEVILLE, IL, 62439-9999
- **NAICS:** 237310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $294K
- **Initial approval:** $294K
- **Forgiven:** $297K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $294K
- **Jobs reported:** 12
## Lender
- **Originating:** The Peoples State Bank of Newton, Illinois
- **Servicing:** The Peoples State Bank of Newton, Illinois (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*