Hammer INC

$1,015,400 PPP Loan in Des Moines, Iowa

Loan Details

Loan Number
4614677010
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$1,015,400
Current Approval
$1,015,400
Forgiveness Amount
$1,021,859
Forgiveness Date
Nov 27, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Hammer INC
Address
1801 2nd Avenue
State
Iowa
ZIP Code
50314-3606
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423450)
Business Age
Existing or more than 2 years old
Jobs Reported
103
Estimated Revenue
$31.6M
Rural/Urban
Urban
Congressional District
IA-03

Loan Use Breakdown

Payroll
$761,500
Rent
$84,668
Utilities
$84,616
Mortgage Interest
$84,616

Lender Information

Servicing Lender
Gnb Bank
Originating Lender
Gnb Bank

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