# PPP loan: THE LANE PRESS
> **$2.16M** approved 04/08/2020 · Paid in Full · Loan `8490457009`
## Borrower
- **Name:** THE LANE PRESS
- **Address:** 87 MEADOWLAND DR, SOUTH BURLINGTON, VT, 05403-4401
- **NAICS:** 323111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.16M
- **Initial approval:** $2.16M
- **Forgiven:** $2.19M (101%)
- **Forgiveness date:** 08/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.16M
- **Jobs reported:** 153
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*