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F. Lax Construction Co.

$508,460 PPP Loan in Ferndale, Michigan

Loan Details

Loan Number
4126868310
Date Approved
Jan 22, 2021
Loan Status
Paid in Full
Initial Approval
$508,460
Current Approval
$508,460
Forgiveness Amount
$514,816
Forgiveness Date
Apr 28, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
F. Lax Construction Co.
Address
651 Livernois St
City
Ferndale
State
Michigan
ZIP Code
48220-2303
Business Type
Corporation
Industry (NAICS)
Construction (236118)
Business Age
Existing or more than 2 years old
Jobs Reported
42
Estimated Revenue
$12.8M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$508,457
Utilities
$1

Lender Information

Servicing Lender
Fifth Third Bank
Originating Lender
Fifth Third Bank

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