PPP Loan information for Hammer inc

$1,015,400

Hammer inc was initially approved for PPP Loan of amount $1,015,400, the current approved amount is $1,015,400. The loan was approved on 04/04/2020 by The GNB Bank reported 103 jobs and $1,015,400 was used to fund payroll.

Hammer inc is Existing or more than 2 years old

PPP Loan Search / IA / DES MOINES / Hammer inc

HAMMER INC

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

HAMMER INC

Borrower Address

1801 2nd Avenue

Borrower City

DES MOINES

Borrower State

IA

Borrower Zip

50314-3606

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1015400.00

Current Approval Amount

1015400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25057

Servicing Lender Name

GNB Bank

Servicing Lender Address

529 G Ave

Servicing Lender City

GRUNDY CENTER

Servicing Lender State

IA

Servicing Lender Zip

50638-1651

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DES MOINES

Project County Name

POLK

Project State

IA

Project Zip

50314-3606

CD

IA-03

Jobs Reported

103

NAICS Code

423450

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

84616.00

Payroll Proceed

761500.00

Mortgage Interest Proceed

84616.00

Rent Proceed

84668.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25057

Originating Lender

GNB Bank

Originating Lender City

GRUNDY CENTER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1021859.07

Forgiveness Date

11/27/2020

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