AMERICAN ASPHALT (MA) - 2020 PPP Loan Borrower Profile (# 8930957403)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN ASPHALT. 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 Massachusetts.

Loan Detail

Loan Number

8930957403

SBA Office Code

0101

Processing Method

PPP

Curent Loan Amount

$10,700

Date Loan was Approved

May 19, 2020

Amount Forgiven

$10,780.62

Date Loan was Forgiven

Feb 19, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

8,025

Mortgage Interest Proceed

2,675

Lender

GFA FCU

Business Detail

Business Type

Subchapter S Corporation

NAICS

238990

Borrower Location

BARRE, MA

Project Location

BARRE, MA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.