PPP Loan information for American asphalt inc

$223,700

American asphalt inc was initially approved for PPP Loan of amount $223,700, the current approved amount is $223,700. The loan was approved on 04/10/2020 by The Centennial Bank reported 22 jobs and $223,700 was used to fund payroll.

American asphalt inc is Existing or more than 2 years old

AMERICAN ASPHALT INC

Date Approved

04/10/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

AMERICAN ASPHALT INC

Borrower Address

16435 COUNTY ROAD E

Borrower City

FAIRHOPE

Borrower State

AL

Borrower Zip

36555

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

223700.00

Current Approval Amount

223700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4392

Servicing Lender Name

Centennial Bank

Servicing Lender Address

620 Chestnut St

Servicing Lender City

CONWAY

Servicing Lender State

AR

Servicing Lender Zip

72032-5404

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRHOPE

Project County Name

BALDWIN

Project State

AL

Project Zip

36555-0001

CD

AL-01

Jobs Reported

22

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

223700.00

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

4392

Originating Lender

Centennial Bank

Originating Lender City

CONWAY

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

225685.72

Forgiveness Date

03/05/2021

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