# PPP loan: DIAMOND TOOL & ENGINEERING INC
> **$512K** approved 04/08/2020 · Paid in Full · Loan `8638557001`
## Borrower
- **Name:** DIAMOND TOOL & ENGINEERING INC
- **Address:** 205 2ND AVE NW, BERTHA, MN, 56437-1217
- **NAICS:** 333511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $512K
- **Initial approval:** $512K
- **Forgiven:** $481K (94%)
- **Forgiveness date:** 11/04/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $512K
- **Jobs reported:** 33
## Lender
- **Originating:** Star Bank
- **Servicing:** Star Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*