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Laser Mechanisms INC

$1,377,443 PPP Loan in Novi, Michigan

Loan Details

Loan Number
4114838304
Date Approved
Jan 22, 2021
Loan Status
Paid in Full
Initial Approval
$1,377,443
Current Approval
$1,377,443
Forgiveness Amount
$1,387,429
Forgiveness Date
Oct 25, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Laser Mechanisms INC
Address
25325 Regency Dr
City
Novi
State
Michigan
ZIP Code
48375-2159
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333992)
Business Age
Existing or more than 2 years old
Jobs Reported
81
Estimated Revenue
$21.2M
Rural/Urban
Urban
Congressional District
MI-06

Loan Use Breakdown

Payroll
$1,377,443

Lender Information

Servicing Lender
Fifth Third Bank
Originating Lender
Fifth Third Bank

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