PPP Loan information for American asphalt repair & resurfacing co. inc.

$2,000,000

American asphalt repair & resurfacing co. inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/25/2021 by The California Bank of Commerce reported 200 jobs and $2,000,000 was used to fund payroll.

American asphalt repair & resurfacing co. inc. is Existing or more than 2 years old

AMERICAN ASPHALT REPAIR & RESURFACING CO. INC.

Date Approved

01/25/2021

SBA Office Code

0912

Processing Method

PPS

Borrower Name

AMERICAN ASPHALT REPAIR & RESURFACING CO. INC.

Borrower Address

24200 Clawiter Rd

Borrower City

Hayward

Borrower State

CA

Borrower Zip

94545-2216

Loan Status Date

08/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

448557

Servicing Lender Name

California Bank of Commerce

Servicing Lender Address

2999 Oak Rd, Ste 210

Servicing Lender City

Walnut Creek

Servicing Lender State

CA

Servicing Lender Zip

94597

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hayward

Project County Name

ALAMEDA

Project State

CA

Project Zip

94545-2216

CD

CA-14

Jobs Reported

200

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999996.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

448557

Originating Lender

California Bank of Commerce

Originating Lender City

Walnut Creek

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2029111.11

Forgiveness Date

07/07/2022

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