ABSOLUTE LASER WELDING SOLUTIONS (MI) - 2020 PPP Loan Borrower Profile (# 7817898409)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABSOLUTE LASER WELDING SOLUTIONS. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Michigan.

Loan Detail

Loan Number

7817898409

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$369,522

Date Loan was Approved

Feb 12, 2021

Amount Forgiven

$373,055.24

Date Loan was Forgiven

Feb 2, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

369,516

Lender

The Huntington National Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

811310

Borrower Location

Sterling Heights, MI

Project Location

Sterling Heights, MI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.