Date Approved
07/22/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
LASER CUTTING CO.
Borrower Address
42300 EXECUTIVE DR
Borrower City
HARRISON TOWNSHIP
Borrower State
MI
Borrower Zip
48045-1312
Loan Status Date
09/23/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
394750.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
9551
Servicing Lender Name
Bank of America, National Association
Servicing Lender Address
100 N Tryon St, Ste 170
Servicing Lender City
CHARLOTTE
Servicing Lender State
NC
Servicing Lender Zip
28202-4024
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
MACOMB
Project State
Project Zip
CD
MI-10
Jobs Reported
21
NAICS Code
332710
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
398935.43
Forgiveness Date
08/19/2021