# PPP loan: LASER FABRICATION & MACHINE CO., INC.
> **$568K** approved 02/10/2021 · Paid in Full · Loan `6079098408`
## Borrower
- **Name:** LASER FABRICATION & MACHINE CO., INC.
- **Address:** 14055 US Highway 431, Wellington, AL, 36279-5956
- **NAICS:** 332312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $568K
- **Initial approval:** $568K
- **Forgiven:** $572K (101%)
- **Forgiveness date:** 12/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $568K
- **Utilities:** $1
- **Jobs reported:** 54
## Lender
- **Originating:** NobleBank & Trust
- **Servicing:** NobleBank & Trust (AL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*