# PPP loan: C R LAINE FURNITURE COMPANY INC
> **$1.87M** approved 05/01/2020 · Paid in Full · Loan `8677357308`
## Borrower
- **Name:** C R LAINE FURNITURE COMPANY INC
- **Address:** 2829 HWY 70 SE, HICKORY, NC, 28602
- **NAICS:** 337121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.87M
- **Initial approval:** $1.87M
- **Forgiven:** $1.89M (101%)
- **Forgiveness date:** 06/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.87M
- **Jobs reported:** 195
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*