# PPP loan: PETERSON TOOL COMPANY, INC.
> **$1.13M** approved 04/05/2020 · Paid in Full · Loan `5461617006`
## Borrower
- **Name:** PETERSON TOOL COMPANY, INC.
- **Address:** 739 Fesslers Lane, NASHVILLE, TN, 37210-4300
- **NAICS:** 333515
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.13M
- **Initial approval:** $1.13M
- **Forgiven:** $1.14M (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.13M
- **Jobs reported:** 87
## Lender
- **Originating:** Truxton Trust Company
- **Servicing:** Truxton Trust Company (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*