# PPP loan: R. A. PETERSON, INC.
> **$217K** approved 04/09/2020 · Paid in Full · Loan `8856717010`
## Borrower
- **Name:** R. A. PETERSON, INC.
- **Address:** 1951 25TH AVE, FRANKLIN PARK, IL, 60131-3507
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $217K
- **Initial approval:** $217K
- **Forgiven:** $218K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $173K
- **Rent:** $22K
- **Utilities:** $11K
- **Debt interest:** $11K
- **Jobs reported:** 23
## Lender
- **Originating:** Cornerstone National Bank & Trust Company
- **Servicing:** Cornerstone National Bank & Trust Company (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*