PPP Loan information for Laser fabrication & machine co., inc.

$650,643

Laser fabrication & machine co., inc. was initially approved for PPP Loan of amount $650,643, the current approved amount is $650,643. The loan was approved on 04/28/2020 by The NobleBank & Trust reported 49 jobs and $650,643 was used to fund payroll.

Laser fabrication & machine co., inc. is Existing or more than 2 years old

PPP Loan Search / AL / WELLINGTON / Laser fabrication & machine co., inc.

LASER FABRICATION & MACHINE CO., INC.

Date Approved

04/28/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

LASER FABRICATION & MACHINE CO., INC.

Borrower Address

14055 US HIGHWAY 431

Borrower City

WELLINGTON

Borrower State

AL

Borrower Zip

36279-5956

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

650642.81

Current Approval Amount

650642.81

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

436345

Servicing Lender Name

NobleBank & Trust

Servicing Lender Address

1509 Quintard Ave

Servicing Lender City

ANNISTON

Servicing Lender State

AL

Servicing Lender Zip

36201-3846

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WELLINGTON

Project County Name

CALHOUN

Project State

AL

Project Zip

36279-5956

CD

AL-03

Jobs Reported

49

NAICS Code

332312

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

65064.29

Payroll Proceed

520514.24

Mortgage Interest Proceed

65064.28

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

436345

Originating Lender

NobleBank & Trust

Originating Lender City

ANNISTON

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

654546.67

Forgiveness Date

12/08/2020

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