# PPP loan: LAFAVE'S CONSTRUCTION COMPANY, INC.
> **$428K** approved 04/09/2020 · Paid in Full · Loan `9686477000`
## Borrower
- **Name:** LAFAVE'S CONSTRUCTION COMPANY, INC.
- **Address:** 100 Cold Water St. PO BOC 8146, LANDIS, NC, 28088-8146
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $428K
- **Initial approval:** $428K
- **Forgiven:** $434K (101%)
- **Forgiveness date:** 10/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $392K
- **Rent:** $14K
- **Utilities:** $4K
- **Debt interest:** $19K
- **Jobs reported:** 35
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*