# PPP loan: LEE CONTRACTING, INC.
> **$7.54M** approved 04/13/2020 · Paid in Full · Loan `5264997103`
## Borrower
- **Name:** LEE CONTRACTING, INC.
- **Address:** 631 CESAR E CHAVEZ AVE, PONTIAC, MI, 48342-1074
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $7.54M
- **Initial approval:** $7.54M
- **Forgiven:** $7.63M (101%)
- **Forgiveness date:** 07/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.03M
- **Mortgage interest:** $1.51M
- **Jobs reported:** 438
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*