# PPP loan: HOWARD LEE & SONS, INC.
> **$161K** approved 04/06/2020 · Paid in Full · Loan `5843477007`
## Borrower
- **Name:** HOWARD LEE & SONS, INC.
- **Address:** 4093 S. Perryville Rd, CHERRY VALLEY, IL, 61016-9729
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $161K
- **Initial approval:** $161K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 12/14/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Utilities:** $1K
- **Jobs reported:** 10
## Lender
- **Originating:** Midland States Bank
- **Servicing:** Midland States Bank (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*