# PPP loan: LANE & MCCLAIN DISTRIBUTORS INC
> **$479K** approved 04/09/2020 · Paid in Full · Loan `9733817010`
## Borrower
- **Name:** LANE & MCCLAIN DISTRIBUTORS INC
- **Address:** 2062 IRVING BLVD, DALLAS, TX, 75207-6610
- **NAICS:** 423740
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $479K
- **Initial approval:** $479K
- **Forgiven:** $483K (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $479K
- **Jobs reported:** 31
## Lender
- **Originating:** First Guaranty Bank
- **Servicing:** First Guaranty Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*