# PPP loan: C LANEY AND SONS CONSTRUCTION INC
> **$345K** approved 04/07/2020 · Paid in Full · Loan `7089167004`
## Borrower
- **Name:** C LANEY AND SONS CONSTRUCTION INC
- **Address:** 1716 Newport Hwy, SEVIERVILLE, TN, 37876-1939
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $345K
- **Initial approval:** $345K
- **Forgiven:** $349K (101%)
- **Forgiveness date:** 05/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $345K
- **Jobs reported:** 49
## Lender
- **Originating:** SmartBank
- **Servicing:** SmartBank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*