# PPP loan: AGGRESSIVE TOOL & DIE
> **$501K** approved 04/08/2020 · Paid in Full · Loan `8726867000`
## Borrower
- **Name:** AGGRESSIVE TOOL & DIE
- **Address:** 728 Main Street, COOPERSVILLE, MI, 49404-1363
- **NAICS:** 332999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $501K
- **Initial approval:** $501K
- **Forgiven:** $506K (101%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $406K
- **Rent:** $20K
- **Utilities:** $13K
- **Health care:** $62K
- **Jobs reported:** 40
## Lender
- **Originating:** Mercantile Bank
- **Servicing:** Mercantile Bank (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*