Hammell Equipment INC

$361,700 PPP Loan in Chatfield, Minnesota

Loan Details

Loan Number
6089507005
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$361,700
Current Approval
$418,300
Forgiveness Amount
$420,993
Forgiveness Date
Dec 2, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Hammell Equipment INC
Address
713 Main St Po Box 488
ZIP Code
55923-1542
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$7.3M
Rural/Urban
Urban
Congressional District
MN-01

Loan Use Breakdown

Payroll
$350,000
Utilities
$15,000
Health Care
$53,300

Lender Information

Servicing Lender
F & M Community Bank, National Association
Originating Lender
F & M Community Bank, National Association

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