# PPP loan: PETERSAN GROUP INC, THE
> **$488K** approved 05/01/2020 · Paid in Full · Loan `5817507707`
## Borrower
- **Name:** PETERSAN GROUP INC, THE
- **Address:** 1430 BROADWAY RM 1401, NEW YORK, NY, 10018-3378
- **NAICS:** 561312
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $488K
- **Initial approval:** $488K
- **Forgiven:** $491K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $488K
- **Jobs reported:** 25
## 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*