Labor Aiding Systems Corporation

$522,000 PPP Loan in Jackson, Michigan

Loan Details

Loan Number
5456738804
Date Approved
Apr 17, 2021
Loan Status
Paid in Full
Initial Approval
$522,000
Current Approval
$522,000
Forgiveness Amount
$525,031
Forgiveness Date
Nov 16, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Labor Aiding Systems Corporation
Address
3101 Hart Rd
ZIP Code
49201-8746
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333514)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$8.4M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$521,996
Utilities
$1

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

Other PPP Loans in Jackson, MI

BusinessApproved
Dynamic Industrial Group LLC$6,898,707NewBizBotAI Deep Dive
Melling Tool Co.$6,029,000NewBizBotAI Deep Dive
Commonwealth Associates, Inc.$4,992,800NewBizBotAI Deep Dive
America's Preferred Service Contract Administration, Inc.$2,929,454NewBizBotAI Deep Dive
Center for Family Health$2,903,300NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free