# PPP loan: PETERSEN MFG. CO.
> **$322K** approved 04/04/2020 · Paid in Full · Loan `4958657008`
## Borrower
- **Name:** PETERSEN MFG. CO.
- **Address:** 2471 HIGHWAY 30, DENISON, IA, 51442-7502
- **NAICS:** 327390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $322K
- **Initial approval:** $322K
- **Forgiven:** $324K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $250K
- **Mortgage interest:** $33K
- **Utilities:** $20K
- **Health care:** $19K
- **Jobs reported:** 47
## Lender
- **Originating:** Crawford County Trust & Savings Bank
- **Servicing:** Crawford County Trust & Savings Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*