PPP Loan information for Hammond electric company inc.

$50,706

Hammond electric company inc. was initially approved for PPP Loan of amount $50,706, the current approved amount is $50,706. The loan was approved on 03/06/2021 by The Farmers & Merchants Bank reported 7 jobs and $50,706 was used to fund payroll.

Hammond electric company inc. is Existing or more than 2 years old

PPP Loan Search / MD / Upperco / Hammond electric company inc.

HAMMOND ELECTRIC COMPANY INC.

Date Approved

03/06/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

HAMMOND ELECTRIC COMPANY INC.

Borrower Address

14627 Hanover Pike

Borrower City

Upperco

Borrower State

MD

Borrower Zip

21155-9732

Loan Status Date

05/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50705.78

Current Approval Amount

50705.78

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30550

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

15226 Hanover Pike

Servicing Lender City

UPPERCO

Servicing Lender State

MD

Servicing Lender Zip

21155-9749

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Upperco

Project County Name

BALTIMORE

Project State

MD

Project Zip

21155-9732

CD

MD-02

Jobs Reported

7

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

50701.78

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

Corporation

Originating Lender Location Id

30550

Originating Lender

Farmers & Merchants Bank

Originating Lender City

UPPERCO

Originating Lender State

MD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

51290.63

Forgiveness Date

05/09/2022

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