# PPP loan: LEMFCO, INC.
> **$223K** approved 01/16/2021 · Paid in Full · Loan `1031218307`
## Borrower
- **Name:** LEMFCO, INC.
- **Address:** 100 S Commerce St, Galena, IL, 61036-2214
- **NAICS:** 331511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $223K
- **Initial approval:** $223K
- **Forgiven:** $225K (101%)
- **Forgiveness date:** 11/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $223K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** Apple River State Bank
- **Servicing:** Apple River State Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*