# PPP loan: MERCURY MINNESOTA INC.
> **$605K** approved 01/17/2021 · Paid in Full · Loan `1358728309`
## Borrower
- **Name:** MERCURY MINNESOTA INC.
- **Address:** 901 Hulett Ave, Faribault, MN, 55021-3613
- **NAICS:** 332999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $605K
- **Initial approval:** $605K
- **Forgiven:** $607K (100%)
- **Forgiveness date:** 06/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $605K
- **Utilities:** $1
- **Jobs reported:** 50
## Lender
- **Originating:** The State Bank of Faribault
- **Servicing:** The State Bank of Faribault (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*