# PPP loan: LANE ENGINEERING, LLC
> **$418K** approved 04/07/2020 · Paid in Full · Loan `6708617003`
## Borrower
- **Name:** LANE ENGINEERING, LLC
- **Address:** 117 BAY ST, EASTON, MD, 21601-2703
- **NAICS:** 541320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $418K
- **Initial approval:** $418K
- **Forgiven:** $421K (101%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $418K
- **Jobs reported:** 31
## Lender
- **Originating:** Shore United Bank, National Association
- **Servicing:** Shore United Bank, National Association (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*