# PPP loan: PETERSEN PLUMBING AND HEATING CO
> **$1.34M** approved 04/07/2020 · Paid in Full · Loan `6782987007`
## Borrower
- **Name:** PETERSEN PLUMBING AND HEATING CO
- **Address:** 926 W 3rd Street, DAVENPORT, IA, 52802-3521
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.34M
- **Initial approval:** $1.34M
- **Forgiven:** $1.35M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.34M
- **Jobs reported:** 90
## Lender
- **Originating:** Quad City Bank and Trust Company
- **Servicing:** Quad City Bank and Trust Company (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*