# PPP loan: LETA ENTERPRISES, INC
> **$1.22M** approved 04/15/2020 · Paid in Full · Loan `1563947210`
## Borrower
- **Name:** LETA ENTERPRISES, INC
- **Address:** 500 Auto Mall, O FALLON, MO, 63368
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.22M
- **Initial approval:** $1.22M
- **Forgiven:** $1.24M (101%)
- **Forgiveness date:** 08/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.11M
- **Rent:** $77K
- **Mortgage interest:** $12K
- **Utilities:** $19K
- **Jobs reported:** 81
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*