# PPP loan: ALBUQUERQUE ASPHALT INC
> **$1.71M** approved 04/15/2020 · Paid in Full · Loan `9885947100`
## Borrower
- **Name:** ALBUQUERQUE ASPHALT INC
- **Address:** PO Box 66450, Albuquerque, NM, 87193-6450
- **NAICS:** 324121
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.71M
- **Initial approval:** $1.71M
- **Forgiven:** $1.73M (101%)
- **Forgiveness date:** 05/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.71M
- **Jobs reported:** 136
## Lender
- **Originating:** Nusenda FCU
- **Servicing:** Nusenda FCU (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*