PPP Loan information for Hammell equipment inc

$418,300

Hammell equipment inc was initially approved for PPP Loan of amount $361,700, the current approved amount is $418,300. The loan was approved on 04/06/2020 by The F & M Community Bank, National Association reported 34 jobs and $418,300 was used to fund payroll.

Hammell equipment inc is Existing or more than 2 years old

PPP Loan Search / MN / CHATFIELD / Hammell equipment inc

HAMMELL EQUIPMENT INC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HAMMELL EQUIPMENT INC

Borrower Address

713 MAIN ST PO Box 488

Borrower City

CHATFIELD

Borrower State

MN

Borrower Zip

55923-1542

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

361700.00

Current Approval Amount

418300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38766

Servicing Lender Name

F & M Community Bank, National Association

Servicing Lender Address

100 St. Anthony St, North

Servicing Lender City

PRESTON

Servicing Lender State

MN

Servicing Lender Zip

55965-1104

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHATFIELD

Project County Name

OLMSTED

Project State

MN

Project Zip

55923-1542

CD

MN-01

Jobs Reported

34

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

350000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

53300.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38766

Originating Lender

F & M Community Bank, National Association

Originating Lender City

PRESTON

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

420993.16

Forgiveness Date

12/02/2020

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