# PPP loan: LEE PETERSON MOTORS, INC.
> **$392K** approved 04/09/2020 · Paid in Full · Loan `9680337003`
## Borrower
- **Name:** LEE PETERSON MOTORS, INC.
- **Address:** 410 South 1st Street, YAKIMA, WA, 98901-2808
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $392K
- **Initial approval:** $392K
- **Forgiven:** $395K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $355K
- **Rent:** $30K
- **Utilities:** $7K
- **Jobs reported:** 38
## Lender
- **Originating:** Cashmere Valley Bank
- **Servicing:** Cashmere Valley Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*