# PPP loan: MRG TOOL & DIE CORP
> **$829K** approved 03/12/2021 · Paid in Full · Loan `9308868510`
## Borrower
- **Name:** MRG TOOL & DIE CORP
- **Address:** 1100 Cannon Cir, Faribault, MN, 55021-3619
- **NAICS:** 332999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $829K
- **Initial approval:** $829K
- **Forgiven:** $833K (101%)
- **Forgiveness date:** 09/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $829K
- **Utilities:** $1
- **Jobs reported:** 72
## Lender
- **Originating:** 1st United Bank
- **Servicing:** 1st United Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*