# PPP loan: THOMPSON TOOL & DIE, INC
> **$400K** approved 05/26/2020 · Paid in Full · Loan `3355017806`
## Borrower
- **Name:** THOMPSON TOOL & DIE, INC
- **Address:** 4060 307th Lane NW, Cambridge, MN, 55008-7066
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $400K
- **Initial approval:** $400K
- **Forgiven:** $403K (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $363K
- **Rent:** $23K
- **Utilities:** $14K
- **Jobs reported:** 37
## Lender
- **Originating:** Security Bank and Trust Company
- **Servicing:** Security Bank & Trust Company (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*