# PPP loan: LEE TEMPS ASSOCIATES, INC
> **$272K** approved 04/06/2020 · Paid in Full · Loan `6284717004`
## Borrower
- **Name:** LEE TEMPS ASSOCIATES, INC
- **Address:** 11838 ROCK LANDING DR, NEWPORT NEWS, VA, 23606-4206
- **NAICS:** 561311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $272K
- **Initial approval:** $272K
- **Forgiven:** $274K (101%)
- **Forgiveness date:** 03/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $264K
- **Rent:** $8K
- **Jobs reported:** 25
## Lender
- **Originating:** The Old Point National Bank of Phoebus
- **Servicing:** The Old Point National Bank of Phoebus (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*