ASPHALT PAVING INC (MI) - 2020 PPP Loan Borrower Profile (# 7630217005)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ASPHALT PAVING 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 Michigan.

Loan Detail

Loan Number

7630217005

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$278,047

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$279,936.2

Date Loan was Forgiven

Dec 15, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

15,000

Payroll Proced

233,047

Health Care Proceed

30,000

Lender

Mercantile Bank

Business Detail

Business Type

Corporation

NAICS

238990

Borrower Location

MUSKEGON, MI

Project Location

MUSKEGON, MI

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.