# PPP loan: SIERRA ASPHALT INC
> **$271K** approved 04/28/2020 · Paid in Full · Loan `7966287204`
## Borrower
- **Name:** SIERRA ASPHALT INC
- **Address:** 3755 Omec Circle #2, RANCHO CORDOVA, CA, 95742-7321
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $271K
- **Initial approval:** $271K
- **Forgiven:** $273K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $256K
- **Rent:** $13K
- **Utilities:** $2K
- **Jobs reported:** 19
## Lender
- **Originating:** Five Star Bank
- **Servicing:** Five Star Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*