AMERICAN PAVING & ASPHALT, INC. (IN) - 2020 PPP Loan Borrower Profile (# 4382637107)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN PAVING & ASPHALT, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Indiana.

Loan Detail

Loan Number

4382637107

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$181,464.72

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$182,896.55

Date Loan was Forgiven

Feb 9, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

700

Payroll Proced

158,764.72

Rent Proceed

22,000

Lender

Purdue FCU

Business Detail

Business Type

Subchapter S Corporation

NAICS

324121

Borrower Location

LAFAYETTE, IN

Project Location

LAFAYETTE, IN

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.