# PPP loan: PETERSON CUSTOM STAINLESS, INC
> **$273K** approved 04/10/2020 · Exemption 4 · Loan `1462867102`
## Borrower
- **Name:** PETERSON CUSTOM STAINLESS, INC
- **Address:** 1100 Industrial Dr., WATERTOWN, WI, 53094-6073
- **NAICS:** 238290
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $273K
- **Initial approval:** $273K
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $252K
- **Rent:** $17K
- **Utilities:** $4K
- **Jobs reported:** 17
## Lender
- **Originating:** Bank of Lake Mills
- **Servicing:** Bank of Lake Mills (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*