AMERICAN ASPHALT PAVING CO. (PA) - 2020 PPP Loan Borrower Profile (# 4654097007)

Updated on April 18, 2025.

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

Loan Detail

Loan Number

4654097007

SBA Office Code

0303

Processing Method

PPP

Curent Loan Amount

$1,686,800

Date Loan was Approved

Apr 4, 2020

Amount Forgiven

$1,699,825.84

Date Loan was Forgiven

Jan 14, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

1,686,800

Lender

Peoples Security Bank and Trust Company

Business Detail

Business Type

Subchapter S Corporation

NAICS

237210

Borrower Location

SHAVERTOWN, PA

Project Location

SHAVERTOWN, PA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

135

Business Age Description

Existing or more than 2 years old

Data Source: SBA.