# PPP loan: LEE FARMS GENERAL PARTNERSHIP
> **$502K** approved 04/28/2020 · Paid in Full · Loan `1162857304`
## Borrower
- **Name:** LEE FARMS GENERAL PARTNERSHIP
- **Address:** 100 Technology Lane, PAXTON, IL, 60957-4500
- **NAICS:** 111150
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $502K
- **Initial approval:** $502K
- **Forgiven:** $509K (101%)
- **Forgiveness date:** 10/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $401K
- **Mortgage interest:** $50K
- **Utilities:** $50K
- **Jobs reported:** 31
## Lender
- **Originating:** Farm Credit Illinois, ACA
- **Servicing:** Farm Credit Illinois, ACA (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*