# PPP loan: LANE CAR COMPANY OF FLINT LLC
> **$512K** approved 03/05/2021 · Paid in Full · Loan `7002618503`
## Borrower
- **Name:** LANE CAR COMPANY OF FLINT LLC
- **Address:** 205 S Dort Hwy, Flint, MI, 48503-2894
- **NAICS:** 441120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $512K
- **Initial approval:** $512K
- **Forgiven:** $517K (101%)
- **Forgiveness date:** 12/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $512K
- **Utilities:** $1
- **Jobs reported:** 74
## Lender
- **Originating:** Oxford Bank
- **Servicing:** Oxford Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*