PPP Loan information for Hammer inc.

$77,670

Hammer inc. was initially approved for PPP Loan of amount $77,670, the current approved amount is $77,670. The loan was approved on 04/11/2020 by The Horizon Bank reported 28 jobs and $77,670 was used to fund payroll.

Hammer inc. is Existing or more than 2 years old

HAMMER INC.

Date Approved

04/11/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

HAMMER INC.

Borrower Address

2134 East US Hwy 20

Borrower City

MICHIGAN CITY

Borrower State

IN

Borrower Zip

46360

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

77670.00

Current Approval Amount

77670.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MICHIGAN CITY

Project County Name

LA PORTE

Project State

IN

Project Zip

46360-0001

CD

IN-01

Jobs Reported

28

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7767.00

Payroll Proceed

62136.00

Mortgage Interest Proceed

7767.00

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

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

68020.40

Forgiveness Date

11/09/2020

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