Hammel Electric INC

$249,970 PPP Loan in Great Meadows, New Jersey

Loan Details

Loan Number
5780647110
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$249,970
Current Approval
$249,970
Forgiveness Amount
$253,004
Forgiveness Date
Jul 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hammel Electric INC
Address
483 US Highway 46
ZIP Code
07838-2402
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
$5.6M
Rural/Urban
Rural
Congressional District
NJ-07

Loan Use Breakdown

Payroll
$199,976
Utilities
$24,997
Mortgage Interest
$24,997

Lender Information

Servicing Lender
First Hope Bank, a National Banking Association
Originating Lender
First Hope Bank, a National Banking Association

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