# PPP loan: C. LANEY AND SONS CONSTRUCTION INC
> **$345K** approved 03/25/2021 · Paid in Full · Loan `8770538609`
## Borrower
- **Name:** C. LANEY AND SONS CONSTRUCTION INC
- **Address:** 1732 Newport Hwy Ste 16, Sevierville, TN, 37876-1996
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $345K
- **Initial approval:** $345K
- **Forgiven:** $347K (101%)
- **Forgiveness date:** 10/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $345K
- **Utilities:** $1
- **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*