# PPP loan: PETERSON FARMS
> **$580K** approved 04/09/2021 · Paid in Full · Loan `9986408707`
## Borrower
- **Name:** PETERSON FARMS
- **Address:** 250 County Line Rd, Loretto, KY, 40037-8910
- **NAICS:** 111150
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $580K
- **Initial approval:** $580K
- **Forgiven:** $584K (101%)
- **Forgiveness date:** 12/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $580K
- **Utilities:** $1
- **Jobs reported:** 39
## Lender
- **Originating:** The Farmers National Bank of Lebanon
- **Servicing:** The Farmers National Bank of Lebanon (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*