# PPP loan: PETERSON SHEET METAL INC
> **$2.81M** approved 04/06/2020 · Paid in Full · Loan `6037907005`
## Borrower
- **Name:** PETERSON SHEET METAL INC
- **Address:** 3728 BEMIDJI AVE N, BEMIDJI, MN, 56601-4335
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.81M
- **Initial approval:** $2.81M
- **Forgiven:** $2.84M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.81M
- **Jobs reported:** 130
## Lender
- **Originating:** The First National Bank of Bemidji
- **Servicing:** The First National Bank of Bemidji (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*