# PPP loan: PETERSON PRODUCTS, INC.
> **$450K** approved 05/02/2020 · Exemption 4 · Loan `9571847309`
## Borrower
- **Name:** PETERSON PRODUCTS, INC.
- **Address:** 10 W Airpark Vista Blvd, Dayton, NV, 89403
- **NAICS:** 493190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $450K
- **Initial approval:** $450K
- **Forgiven:** $237K (53%)
- **Forgiveness date:** 03/10/2022
- **Status:** Exemption 4
- **Term:** 37 months
## Use of funds
- **Payroll:** $338K
- **Rent:** $56K
- **Utilities:** $56K
- **Jobs reported:** 18
## Lender
- **Originating:** Greater Nevada CU
- **Servicing:** Fountainhead SBF LLC (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*