PPP Loan information for Asphalt paving inc

$278,047

Asphalt paving inc was initially approved for PPP Loan of amount $278,047, the current approved amount is $278,047. The loan was approved on 04/07/2020 by The Mercantile Bank reported 18 jobs and $278,047 was used to fund payroll.

Asphalt paving inc is Existing or more than 2 years old

ASPHALT PAVING INC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ASPHALT PAVING INC

Borrower Address

1000 E Sherman Blvd

Borrower City

MUSKEGON

Borrower State

MI

Borrower Zip

49444-1808

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

278047.00

Current Approval Amount

278047.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MUSKEGON

Project County Name

MUSKEGON

Project State

MI

Project Zip

49444-1808

CD

MI-02

Jobs Reported

18

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

233047.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

30000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

279936.20

Forgiveness Date

12/15/2020

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