PPP Loan information for Hammond machine works inc.

$1,126,301

Hammond machine works inc. was initially approved for PPP Loan of amount $1,126,301, the current approved amount is $1,126,301. The loan was approved on 02/07/2021 by The First Merchants Bank reported 80 jobs and $1,126,301 was used to fund payroll.

Hammond machine works inc. is Existing or more than 2 years old

PPP Loan Search / IN / Hammond / Hammond machine works inc.

HAMMOND MACHINE WORKS INC.

Date Approved

02/07/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

HAMMOND MACHINE WORKS INC.

Borrower Address

5047 Columbia Ave

Borrower City

Hammond

Borrower State

IN

Borrower Zip

46327-1760

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1126301.40

Current Approval Amount

1126301.40

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hammond

Project County Name

LAKE

Project State

IN

Project Zip

46327-1760

CD

IN-01

Jobs Reported

80

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1126296.40

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1135404.38

Forgiveness Date

12/06/2021

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