# PPP loan: LEE MOTORS OF LAKE CITY INC
> **$243K** approved 04/06/2020 · Paid in Full · Loan `6222607000`
## Borrower
- **Name:** LEE MOTORS OF LAKE CITY INC
- **Address:** 1028 N. Matthews Rd, LAKE CITY, SC, 29560-7012
- **NAICS:** 811121
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $243K
- **Initial approval:** $243K
- **Forgiven:** $245K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $243K
- **Jobs reported:** 24
## Lender
- **Originating:** The Citizens Bank
- **Servicing:** The Citizens Bank (SC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*