# PPP loan: PETERSON TIMBER INC.
> **$160K** approved 01/25/2021 · Paid in Full · Loan `5437628310`
## Borrower
- **Name:** PETERSON TIMBER INC.
- **Address:** 5197 Deschutes Rd Ste B, Anderson, CA, 96007-8553
- **NAICS:** 113310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 04/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $160K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** Golden Valley Bank
- **Servicing:** Golden Valley Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*