ACTIVE TOOL & DIE, INC. (MN) - 2020 PPP Loan Borrower Profile (# 9718967000)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACTIVE TOOL & DIE, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Minnesota.

Loan Detail

Loan Number

9718967000

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$176,500

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$178,206.17

Date Loan was Forgiven

Apr 1, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

12,436

Payroll Proced

141,264

Rent Proceed

22,800

Lender

Merchants Bank, National Association

Business Detail

Business Type

Corporation

NAICS

333514

Borrower Location

SAINT CHARLES, MN

Project Location

SAINT CHARLES, MN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.