Hammerlund, INC

$1,624,900 PPP Loan in Grand Rapids, Minnesota

Loan Details

Loan Number
6452337008
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,624,900
Current Approval
$1,511,900
Forgiveness Amount
$1,529,297
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hammerlund, INC
Address
40 County Road 63
ZIP Code
55744-9631
Business Type
Corporation
Industry (NAICS)
Construction (237990)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$1,511,900

Lender Information

Servicing Lender
Ultima Bank Minnesota
Originating Lender
Ultima Bank Minnesota

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