Hammond Electric Motor Repair Company

$128,977 PPP Loan in Albemarle, North Carolina

Loan Details

Loan Number
6957567100
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$128,977
Current Approval
$128,977
Forgiveness Amount
$130,052
Forgiveness Date
Feb 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hammond Electric Motor Repair Company
Address
811 Concord Road
ZIP Code
28001-8331
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
NC-08

Loan Use Breakdown

Payroll
$128,977

Lender Information

Servicing Lender
Uwharrie Bank
Originating Lender
Uwharrie Bank

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