PPP Loan information for Hamar quandt co.

$828,000

Hamar quandt co. was initially approved for PPP Loan of amount $828,000, the current approved amount is $828,000. The loan was approved on 04/10/2020 by The Ergo Bank reported 74 jobs and $828,000 was used to fund payroll.

Hamar quandt co. is Existing or more than 2 years old

HAMAR QUANDT CO.

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

HAMAR QUANDT CO.

Borrower Address

W7400 Hwy US 2

Borrower City

QUINNESEC

Borrower State

MI

Borrower Zip

49876

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

828000.00

Current Approval Amount

828000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76269

Servicing Lender Name

Ergo Bank

Servicing Lender Address

86 E Water St

Servicing Lender City

MARKESAN

Servicing Lender State

WI

Servicing Lender Zip

53946

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

QUINNESEC

Project County Name

DICKINSON

Project State

MI

Project Zip

49876-0001

CD

MI-01

Jobs Reported

74

NAICS Code

444190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

828000.00

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

Corporation

Originating Lender Location Id

76269

Originating Lender

Ergo Bank

Originating Lender City

MARKESAN

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

834011.51

Forgiveness Date

01/07/2021

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