Mrg Tool & Die Corp

$828,807 PPP Loan in Faribault, Minnesota

Loan Details

Loan Number
9308868510
Date Approved
Mar 12, 2021
Loan Status
Paid in Full
Initial Approval
$828,807
Current Approval
$828,807
Forgiveness Amount
$833,273
Forgiveness Date
Sep 29, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Mrg Tool & Die Corp
Address
1100 Cannon Cir
ZIP Code
55021-3619
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
72
Estimated Revenue
$17.6M
Rural/Urban
Urban
Congressional District
MN-01

Loan Use Breakdown

Payroll
$828,805
Utilities
$1

Lender Information

Servicing Lender
1st United Bank
Originating Lender
1st United Bank

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