PPP Loan information for Peterson genetics, inc

$402,900

Peterson genetics, inc was initially approved for PPP Loan of amount $402,900, the current approved amount is $402,900. The loan was approved on 04/10/2020 by The MidWestOne Bank reported 14 jobs and $402,900 was used to fund payroll.

Peterson genetics, inc is Existing or more than 2 years old

PETERSON GENETICS, INC

Date Approved

04/10/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

PETERSON GENETICS, INC

Borrower Address

1710 Adam Street

Borrower City

CEDAR FALLS

Borrower State

IA

Borrower Zip

50613

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

402900.00

Current Approval Amount

402900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CEDAR FALLS

Project County Name

BLACK HAWK

Project State

IA

Project Zip

50613-0008

CD

IA-02

Jobs Reported

14

NAICS Code

541715

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

25181.25

Payroll Proceed

302175.00

Mortgage Interest Proceed

25181.25

Rent Proceed

25181.25

Refinance EIDL Proceed

0.00

Health Care Proceed

25181.25

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

407555.73

Forgiveness Date

06/11/2021

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