# PPP loan: LAINE INDUSTRIES INC
> **$162K** approved 03/20/2021 · Paid in Full · Loan `4827358607`
## Borrower
- **Name:** LAINE INDUSTRIES INC
- **Address:** 3310 NW US Highway 41, Lake City, FL, 32055-8194
- **NAICS:** 424910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 09/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $162K
- **Utilities:** $1
- **Jobs reported:** 10
## Lender
- **Originating:** Seacoast National Bank
- **Servicing:** Seacoast National Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*