PPP Loan information for Hammond drives & equipment, inc.

$172,153

Hammond drives & equipment, inc. was initially approved for PPP Loan of amount $172,153, the current approved amount is $172,153. The loan was approved on 04/14/2020 by The The Huntington National Bank reported 15 jobs and $172,153 was used to fund payroll.

Hammond drives & equipment, inc. is New Business or 2 years or less

HAMMOND DRIVES & EQUIPMENT, INC.

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

HAMMOND DRIVES & EQUIPMENT, INC.

Borrower Address

8527 Midland Rd

Borrower City

Freeland

Borrower State

MI

Borrower Zip

48623

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

172152.50

Current Approval Amount

172152.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Freeland

Project County Name

SAGINAW

Project State

MI

Project Zip

48623-0001

CD

MI-08

Jobs Reported

15

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

172152.50

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

Subchapter S Corporation

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

173630.14

Forgiveness Date

02/26/2021

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