# PPP loan: LEE ELECTRICAL INC
> **$804K** approved 04/04/2020 · Paid in Full · Loan `5007827010`
## Borrower
- **Name:** LEE ELECTRICAL INC
- **Address:** 2915 60TH ST, KENOSHA, WI, 53140-3806
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $804K
- **Initial approval:** $804K
- **Forgiven:** $813K (101%)
- **Forgiveness date:** 05/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $724K
- **Rent:** $40K
- **Utilities:** $40K
- **Jobs reported:** 34
## Lender
- **Originating:** State Bank of the Lakes, National Association
- **Servicing:** State Bank of the Lakes, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*