PPP Loan information for Hammett electric company

$52,280

Hammett electric company was initially approved for PPP Loan of amount $52,280, the current approved amount is $52,280. The loan was approved on 04/29/2020 by The Cadence Bank reported 7 jobs and $52,280 was used to fund payroll.

Hammett electric company is Existing or more than 2 years old

HAMMETT ELECTRIC COMPANY

Date Approved

04/29/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

HAMMETT ELECTRIC COMPANY

Borrower Address

1912 BARTON CHAPEL RD

Borrower City

AUGUSTA

Borrower State

GA

Borrower Zip

30909-9703

Loan Status Date

09/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52280.00

Current Approval Amount

52280.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AUGUSTA

Project County Name

RICHMOND

Project State

GA

Project Zip

30909-9703

CD

GA-12

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1025.82

Payroll Proceed

48000.00

Mortgage Interest Proceed

2000.00

Rent Proceed

0.00

Refinance EIDL Proceed

1254.18

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

52936.40

Forgiveness Date

08/16/2021

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