Mrg Tool and Die Corp
$914,300 PPP Loan in Faribault, Minnesota
Loan Details
- Loan Number
- 6197957008
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $914,300
- Current Approval
- $914,300
- Forgiveness Amount
- $920,040
- Forgiveness Date
- Nov 27, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Mrg Tool and Die Corp
- Address
- 1100 Cannon Cir
- City
- Faribault
- State
- Minnesota
- ZIP Code
- 55021-3619
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 71
- Estimated Revenue
- $17.4M
- Rural/Urban
- Urban
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $869,945
- Health Care
- $44,355
Lender Information
- Servicing Lender
- 1st United Bank
- Originating Lender
- 1st United Bank
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