# PPP loan: LANE & ASSOCIATES, INC.
> **$5.14M** approved 04/12/2020 · Paid in Full · Loan `3833527104`
## Borrower
- **Name:** LANE & ASSOCIATES, INC.
- **Address:** 15 RAWLS RD STE 100, ANGIER, NC, 27501-6033
- **NAICS:** 561311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.14M
- **Initial approval:** $5.14M
- **Forgiven:** $5.21M (101%)
- **Forgiveness date:** 09/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.86M
- **Mortgage interest:** $643K
- **Utilities:** $643K
- **Jobs reported:** 455
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*