# PPP loan: MATE PRECISION TOOLING INC.
> **$5.01M** approved 04/05/2020 · Paid in Full · Loan `5153777006`
## Borrower
- **Name:** MATE PRECISION TOOLING INC.
- **Address:** 1295 LUND BLVD, ANOKA, MN, 55303-1092
- **NAICS:** 333515
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.01M
- **Initial approval:** $5.01M
- **Forgiven:** $5.08M (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.01M
- **Jobs reported:** 267
## Lender
- **Originating:** Sunrise Banks National Association
- **Servicing:** Sunrise Banks National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*