PPP Loan information for Hammer residences, inc

$2,500,000

Hammer residences, inc was initially approved for PPP Loan of amount $3,783,600, the current approved amount is $2,500,000. The loan was approved on 04/11/2020 by The Bremer Bank, National Association reported 448 jobs and $2,500,000 was used to fund payroll.

Hammer residences, inc is Existing or more than 2 years old

HAMMER RESIDENCES, INC

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HAMMER RESIDENCES, INC

Borrower Address

1909 Wayzata Blvd

Borrower City

WAYZATA

Borrower State

MN

Borrower Zip

55391-2099

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3783600.00

Current Approval Amount

2500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAYZATA

Project County Name

HENNEPIN

Project State

MN

Project Zip

55391-2099

CD

MN-03

Jobs Reported

448

NAICS Code

623210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2500000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2528698.63

Forgiveness Date

06/11/2021

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