PPP Loan information for Absolute laser welding solutions

$369,522

Absolute laser welding solutions was initially approved for PPP Loan of amount $369,522, the current approved amount is $369,522. The loan was approved on 02/12/2021 by The The Huntington National Bank reported 28 jobs and $369,522 was used to fund payroll.

Absolute laser welding solutions is Existing or more than 2 years old

PPP Loan Search / MI / Sterling Heights / Absolute laser welding solutions

ABSOLUTE LASER WELDING SOLUTIONS

Date Approved

02/12/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ABSOLUTE LASER WELDING SOLUTIONS

Borrower Address

6545 19 Mile Rd

Borrower City

Sterling Heights

Borrower State

MI

Borrower Zip

48314-2116

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

369522.00

Current Approval Amount

369522.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sterling Heights

Project County Name

MACOMB

Project State

MI

Project Zip

48314-2116

CD

MI-10

Jobs Reported

28

NAICS Code

811310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

369516.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

373055.24

Forgiveness Date

02/02/2022

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