Date Approved
04/15/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
PETERSON WELL DRILLING, INC.
Borrower Address
7210 HIGHWAY 14 E
Borrower City
ROCHESTER
Borrower State
MN
Borrower Zip
55904-5000
Loan Status Date
04/20/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
95200.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36636
Servicing Lender Name
Minnwest Bank
Servicing Lender Address
300 S Washington St
Servicing Lender City
REDWOOD FALLS
Servicing Lender State
Servicing Lender Zip
56283-1658
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OLMSTED
Project State
Project Zip
CD
MN-01
Jobs Reported
7
NAICS Code
237110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
96068.54
Forgiveness Date
03/24/2021