PPP Loan information for Hammers construction inc

$698,493

Hammers construction inc was initially approved for PPP Loan of amount $698,493, the current approved amount is $698,493. The loan was approved on 04/07/2020 by The First National Bank Colorado reported 77 jobs and $698,493 was used to fund payroll.

Hammers construction inc is Existing or more than 2 years old

HAMMERS CONSTRUCTION INC

Date Approved

04/07/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

HAMMERS CONSTRUCTION INC

Borrower Address

1411 WOOLSEY HTS

Borrower City

COLORADO SPRINGS

Borrower State

CO

Borrower Zip

80915-5400

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

698493.47

Current Approval Amount

698493.47

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15611

Servicing Lender Name

First National Bank Colorado

Servicing Lender Address

535 Bent Ave

Servicing Lender City

LAS ANIMAS

Servicing Lender State

CO

Servicing Lender Zip

81054-1725

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

COLORADO SPRINGS

Project County Name

EL PASO

Project State

CO

Project Zip

80915-5400

CD

CO-05

Jobs Reported

77

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

21054.87

Payroll Proceed

647438.60

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

20000.00

Debt Interest Proceed

10000

Business Type

Subchapter S Corporation

Originating Lender Location Id

15611

Originating Lender

First National Bank Colorado

Originating Lender City

LAS ANIMAS

Originating Lender State

CO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

692266.04

Forgiveness Date

11/03/2020

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