As part of the Paycheck Protection Program LASER MECHANISM INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

LASER MECHANISM INC


Loan Amount	$1,248,400
BusinessName	LASER MECHANISM INC
Address	25325 Regency Drive
City	NOVI
State	MI
Zip	48375
NAICSCode	332410
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	85
DateApproved	04/16/2020
Lender	Fifth Third Bank
CD	MI-11
BusinessName.clean	LASER MECHANISM

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

AMP COMMUNICATIONS
LASER SHOT
LASER TECHNOLOGY
LASERAWAY HOLDINGS
LASERAWAY MEDICAL GROUP