Custom Laser, INC

$956,800 PPP Loan in Lockport, New York

Loan Details

Loan Number
1552667203
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$956,800
Current Approval
$956,800
Forgiveness Amount
$964,533
Forgiveness Date
Feb 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Custom Laser, INC
Address
6747 Akron Road
ZIP Code
14094
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332313)
Business Age
Existing or more than 2 years old
Jobs Reported
71
Estimated Revenue
$17.4M
Rural/Urban
Urban
Congressional District
NY-24

Loan Use Breakdown

Payroll
$806,800
Rent
$30,000
Utilities
$45,000
Health Care
$40,000
Mortgage Interest
$25,000
Debt Interest
$10,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

Other PPP Loans in Lockport, NY

BusinessApproved
Eastern Niagara Hospital$5,853,436NewBizBotResearch
New Directions Youth and Family Serivces, Inc.$3,461,305NewBizBotResearch
New York Beer Project LLC$1,815,744NewBizBotResearch
Candlelight Cabinetry, Inc.$1,664,500NewBizBotResearch
Niagara Hospice, Inc.$1,562,000NewBizBotResearch

Want to research this company further?

Try NewBizBot free