# PPP loan: BASIL LEASE CORP
> **$513K** approved 04/14/2020 · Paid in Full · Loan `7860877108`
## Borrower
- **Name:** BASIL LEASE CORP
- **Address:** 4131 Sheridan Drive, Williamsville, NY, 14221
- **NAICS:** 441120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $513K
- **Initial approval:** $513K
- **Forgiven:** $517K (101%)
- **Forgiveness date:** 12/04/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $344K
- **Rent:** $44K
- **Mortgage interest:** $5K
- **Utilities:** $5K
- **Health care:** $111K
- **Debt interest:** $5K
- **Jobs reported:** 37
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*