# PPP loan: R E LEE COMPANIES INC
> **$205K** approved 04/13/2020 · Paid in Full · Loan `5064517105`
## Borrower
- **Name:** R E LEE COMPANIES INC
- **Address:** 2811 HYDRAULIC RD, CHARLOTTESVILLE, VA, 22901-8918
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $205K
- **Initial approval:** $205K
- **Forgiven:** $207K (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $164K
- **Mortgage interest:** $26K
- **Utilities:** $15K
- **Jobs reported:** 15
## Lender
- **Originating:** Burke and Herbert Bank and Trust Company
- **Servicing:** Burke & Herbert Bank & Trust Company (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*