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Petersen Mfg. Co.

$322,000 PPP Loan in Denison, Iowa

Loan Details

Loan Number
4958657008
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$322,000
Current Approval
$322,000
Forgiveness Amount
$324,209
Forgiveness Date
Dec 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Petersen Mfg. Co.
Address
2471 Highway 30
City
Denison
State
Iowa
ZIP Code
51442-7502
Business Type
Corporation
Industry (NAICS)
Manufacturing (327390)
Business Age
Existing or more than 2 years old
Jobs Reported
47
Estimated Revenue
$46.6M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$250,000
Utilities
$20,000
Health Care
$19,000
Mortgage Interest
$33,000

Lender Information

Servicing Lender
Crawford County Trust & Savings Bank
Originating Lender
Crawford County Trust & Savings Bank

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