# PPP loan: LAKE CITY ELECTRIC MOTOR REPAIR INCE
> **$179K** approved 03/12/2021 · Paid in Full · Loan `9106468510`
## Borrower
- **Name:** LAKE CITY ELECTRIC MOTOR REPAIR INCE
- **Address:** 140 S Acline St, Lake City, SC, 29560-2633
- **NAICS:** 335312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $179K
- **Initial approval:** $179K
- **Forgiven:** $180K (100%)
- **Forgiveness date:** 07/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $179K
- **Utilities:** $1
- **Jobs reported:** 18
## Lender
- **Originating:** The Citizens Bank
- **Servicing:** The Citizens Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*