# PPP loan: LANECO CONSTRUCTION SYSTEMS INC.
> **$210K** approved 01/20/2021 · Paid in Full · Loan `2252358301`
## Borrower
- **Name:** LANECO CONSTRUCTION SYSTEMS INC.
- **Address:** 6530 Exchequer Dr, Baton Rouge, LA, 70809-5145
- **NAICS:** 238320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $210K
- **Initial approval:** $210K
- **Forgiven:** $212K (101%)
- **Forgiveness date:** 02/15/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $210K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Hancock Whitney Bank
- **Servicing:** Hancock Whitney Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*