# PPP loan: PETERSON ROOFING, INC.
> **$448K** approved 04/07/2020 · Paid in Full · Loan `6805887005`
## Borrower
- **Name:** PETERSON ROOFING, INC.
- **Address:** 603 E. Kensington Rd, MOUNT PROSPECT, IL, 60056-1363
- **NAICS:** 238160
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $448K
- **Initial approval:** $448K
- **Forgiven:** $450K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $336K
- **Mortgage interest:** $67K
- **Utilities:** $45K
- **Jobs reported:** 29
## Lender
- **Originating:** Village Bank and Trust, National Association
- **Servicing:** Village Bank and Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*