ADVANCED LASER AND MFG INC. (TN) - 2020 PPP Loan Borrower Profile (# 1936227101)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED LASER AND MFG INC.. 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 Tennessee.

Loan Detail

Loan Number

1936227101

SBA Office Code

0474

Processing Method

PPP

Curent Loan Amount

$46,200

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$46,634.15

Date Loan was Forgiven

Mar 24, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,000

Payroll Proced

37,281.13

Mortgage Interest Proceed

1,000

Rent Proceed

4,000

Debt Interest Proceed

1,918.87

Lender

First Utah Bank

Business Detail

Business Type

Corporation

NAICS

339999

Borrower Location

BELLS, TN

Project Location

BELLS, TN

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.