LASER MECHANISM INC.

Summary of PPP (Paycheck Protection Program) Loan approved to LASER MECHANISM INC. by Fifth Third Bank. The loan was approved on 4/16/2020 in the range of $1-2 million.

Business Information

Name:

LASER MECHANISM INC.

25325 REGENCY DRIVE
NOVI, MI 48375
Business type: Subchapter S Corporation
Fabricated Metal Product Manufacturing
→ Power Boiler and Heat Exchanger Manufacturing
Non-profit: No
Loan amount: $1-2 million
(50 Jobs retained)
Date approved: April 16, 2020
Lender Fifth Third Bank

Note: Only loans exceeding $150,000 are displayed here. Businesses receiving PPP loans less than $150,000 are excluded. Additionally, borrowers that received PPP loans but have since return it, are also excluded.

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.