# PPP loan: PETERMAN LUMBER, INC.
> **$1.02M** approved 04/30/2020 · Paid in Full · Loan `5343307300`
## Borrower
- **Name:** PETERMAN LUMBER, INC.
- **Address:** 10330 ELM AVENUE, FONTANA, CA, 92337
- **NAICS:** 423310
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.02M
- **Initial approval:** $1.02M
- **Forgiven:** $1.04M (101%)
- **Forgiveness date:** 09/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.02M
- **Jobs reported:** 80
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*