# PPP loan: JAMES PETERSON SONS, INC
> **$2.40M** approved 04/03/2020 · Paid in Full · Loan `4581537006`
## Borrower
- **Name:** JAMES PETERSON SONS, INC
- **Address:** N2251 Gibson Dr, MEDFORD, WI, 54451-9561
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.40M
- **Initial approval:** $2.40M
- **Forgiven:** $2.43M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.90M
- **Rent:** $299K
- **Utilities:** $200K
- **Jobs reported:** 115
## Lender
- **Originating:** Forward Bank
- **Servicing:** Forward Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*