# PPP loan: M.A. PETERSON DESIGNBUILD, INC.
> **$430K** approved 04/16/2020 · Charged Off · Loan `2459217208`
## Borrower
- **Name:** M.A. PETERSON DESIGNBUILD, INC.
- **Address:** 6161 Wooddale Ave, Edina, MN, 55424
- **NAICS:** 236118
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $430K
- **Initial approval:** $430K
- **Forgiven:** $411K (96%)
- **Forgiveness date:** 07/01/2022
- **Status:** Charged Off
- **Term:** 29 months
## Use of funds
- **Payroll:** $430K
- **Jobs reported:** 14
## Lender
- **Originating:** Bremer Bank, National Association
- **Servicing:** Bremer Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*