# PPP loan: LAYNE LABORATORIES, INC.
> **$200K** approved 07/08/2020 · Paid in Full · Loan `9990428008`
## Borrower
- **Name:** LAYNE LABORATORIES, INC.
- **Address:** 4303 Huasna Road, Arroyo Grande, CA, 93420-6175
- **NAICS:** 311119
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $202K (101%)
- **Forgiveness date:** 09/01/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $200K
- **Jobs reported:** 28
## Lender
- **Originating:** Fountainhead SBF LLC
- **Servicing:** Fountainhead SBF LLC (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*