# PPP loan: PETERSON TURKEY HATCHERY, INC.
> **$189K** approved 04/28/2020 · Paid in Full · Loan `9992027210`
## Borrower
- **Name:** PETERSON TURKEY HATCHERY, INC.
- **Address:** 31659 WILLOW TRL, CANNON FALLS, MN, 55009-3006
- **NAICS:** 112340
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $189K
- **Initial approval:** $189K
- **Forgiven:** $190K (101%)
- **Forgiveness date:** 12/16/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $151K
- **Rent:** $8K
- **Utilities:** $30K
- **Jobs reported:** 24
## Lender
- **Originating:** Merchants Bank, National Association
- **Servicing:** Merchants Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*