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F. Lax Construction Company, Inc.

$508,460 PPP Loan in Ferndale, Michigan

Loan Details

Loan Number
5668767100
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$508,460
Current Approval
$508,460
Forgiveness Amount
$512,810
Forgiveness Date
Feb 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
F. Lax Construction Company, Inc.
Address
651 Livernois
City
Ferndale
State
Michigan
ZIP Code
48220
Business Type
Corporation
Industry (NAICS)
Construction (236118)
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
$14.9M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$508,460

Lender Information

Servicing Lender
Fifth Third Bank
Originating Lender
Fifth Third Bank

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