# PPP loan: LANEY'S MECHANICAL, INC.
> **$179K** approved 04/15/2020 · Paid in Full · Loan `2048337204`
## Borrower
- **Name:** LANEY'S MECHANICAL, INC.
- **Address:** 1034 HIGHWAY 59 S, DETROIT LAKES, MN, 56501-2234
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $179K
- **Initial approval:** $179K
- **Forgiven:** $180K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $179K
- **Jobs reported:** 10
## Lender
- **Originating:** Bell Bank
- **Servicing:** Bell Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*