ADVANCED LASER MACHINING INC (WI) - 2020 PPP Loan Borrower Profile (# 6447977007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED LASER MACHINING 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 Wisconsin.

Loan Detail

Loan Number

6447977007

SBA Office Code

0563

Processing Method

PPP

Curent Loan Amount

$1,662,500

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$1,679,079.45

Date Loan was Forgiven

Apr 20, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

1,662,500

Lender

BMO Bank National Association

Business Detail

Business Type

Corporation

NAICS

332322

Borrower Location

CHIPPEWA FALLS, WI

Project Location

CHIPPEWA FALLS, WI

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

160

Business Age Description

Existing or more than 2 years old

Data Source: SBA.