PPP Loan information for The m. hamel company

$444,000

The m. hamel company was initially approved for PPP Loan of amount $444,000, the current approved amount is $444,000. The loan was approved on 04/06/2020 by The The State Bank reported 92 jobs and $444,000 was used to fund payroll.

The m. hamel company is Existing or more than 2 years old

THE M. HAMEL COMPANY

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

THE M. HAMEL COMPANY

Borrower Address

125 West Shiawassee Ave

Borrower City

FENTON

Borrower State

MI

Borrower Zip

48430-2005

Loan Status Date

02/12/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

444000.00

Current Approval Amount

444000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34774

Servicing Lender Name

The State Bank

Servicing Lender Address

101 N Leroy St

Servicing Lender City

FENTON

Servicing Lender State

MI

Servicing Lender Zip

48430-3804

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FENTON

Project County Name

GENESEE

Project State

MI

Project Zip

48430-2005

CD

MI-08

Jobs Reported

92

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

444000.00

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

Subchapter S Corporation

Originating Lender Location Id

34774

Originating Lender

The State Bank

Originating Lender City

FENTON

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

446712.66

Forgiveness Date

11/27/2020

;