# PPP loan: LANE EQUIPMENT COMPANY
> **$989K** approved 01/23/2021 · Paid in Full · Loan `4450698309`
## Borrower
- **Name:** LANE EQUIPMENT COMPANY
- **Address:** 2030 Richmond Ave, Houston, TX, 77098-3424
- **NAICS:** 423740
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $989K
- **Initial approval:** $989K
- **Forgiven:** $994K (101%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $989K
- **Utilities:** $1
- **Jobs reported:** 69
## Lender
- **Originating:** Frost Bank
- **Servicing:** Frost Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*