# PPP loan: PETERS CONSTRUCTION CORP
> **$933K** approved 04/07/2020 · Paid in Full · Loan `6560227007`
## Borrower
- **Name:** PETERS CONSTRUCTION CORP
- **Address:** 901 BLACK HAWK RD, WATERLOO, IA, 50701-2414
- **NAICS:** 236210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $933K
- **Initial approval:** $933K
- **Forgiven:** $939K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $869K
- **Rent:** $19K
- **Utilities:** $4K
- **Health care:** $40K
- **Jobs reported:** 67
## Lender
- **Originating:** Lincoln Savings Bank
- **Servicing:** Lincoln Savings Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*