# PPP loan: PETERSON EQUIPMENT CO., INC.
> **$206K** approved 05/13/2020 · Paid in Full · Loan `5712157408`
## Borrower
- **Name:** PETERSON EQUIPMENT CO., INC.
- **Address:** 16830 BARKER SPRINGS RD STE 406, HOUSTON, TX, 77084-5038
- **NAICS:** 332439
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $206K
- **Initial approval:** $206K
- **Forgiven:** $193K (94%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $206K
- **Jobs reported:** 5
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*