Peterson Genetics, INC

$402,900 PPP Loan in Cedar Falls, Iowa

Loan Details

Loan Number
2042927105
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$402,900
Current Approval
$402,900
Forgiveness Amount
$407,556
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Peterson Genetics, INC
Address
1710 Adam Street
State
Iowa
ZIP Code
50613
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541715)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$302,175
Rent
$25,181
Utilities
$25,181
Health Care
$25,181
Mortgage Interest
$25,181

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

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