# PPP loan: LEE TRANSERVICE INC
> **$402K** approved 04/08/2020 · Paid in Full · Loan `7926227007`
## Borrower
- **Name:** LEE TRANSERVICE INC
- **Address:** 415 S 1ST ST, LUFKIN, TX, 75901-3800
- **NAICS:** 541611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $402K
- **Initial approval:** $402K
- **Forgiven:** $405K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $402K
- **Jobs reported:** 48
## Lender
- **Originating:** Austin Bank, Texas National Association
- **Servicing:** Austin Bank, Texas National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*