PPP Loan information for Peterson industrial inc

$548,200

Peterson industrial inc was initially approved for PPP Loan of amount $548,200, the current approved amount is $548,200. The loan was approved on 04/08/2021 by The River Bank & Trust reported 41 jobs and $548,200 was used to fund payroll.

Peterson industrial inc is Existing or more than 2 years old

PETERSON INDUSTRIAL INC

Date Approved

04/08/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

PETERSON INDUSTRIAL INC

Borrower Address

41125 US Highway 411

Borrower City

Ashville

Borrower State

AL

Borrower Zip

35953-3941

Loan Status Date

02/23/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

548200.00

Current Approval Amount

548200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440693

Servicing Lender Name

River Bank & Trust

Servicing Lender Address

2611 Legends Dr

Servicing Lender City

PRATTVILLE

Servicing Lender State

AL

Servicing Lender Zip

36066-7761

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ashville

Project County Name

SAINT CLAIR

Project State

AL

Project Zip

35953-3941

CD

AL-03

Jobs Reported

41

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

548199.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

440693

Originating Lender

River Bank & Trust

Originating Lender City

PRATTVILLE

Originating Lender State

AL

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

552250.59

Forgiveness Date

01/06/2022

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