# PPP loan: MCLANE PLUMBING AND CONSTRUCTION INC
> **$297K** approved 04/07/2020 · Paid in Full · Loan `7367877006`
## Borrower
- **Name:** MCLANE PLUMBING AND CONSTRUCTION INC
- **Address:** 7675 Highbanks Rd STE 3, CENTRAL POINT, OR, 97502-9521
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $297K
- **Initial approval:** $297K
- **Forgiven:** $300K (101%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $277K
- **Rent:** $12K
- **Utilities:** $4K
- **Debt interest:** $4K
- **Jobs reported:** 19
## Lender
- **Originating:** Peoples Bank of Commerce
- **Servicing:** Peoples Bank of Commerce (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*