Heavy Hammer, Inc.

$908,000 PPP Loan in Annapolis, Maryland

Loan Details

Loan Number
9015287001
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$908,000
Current Approval
$908,000
Forgiveness Amount
$916,657
Forgiveness Date
Apr 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Heavy Hammer, Inc.
Address
65 Old Solomons Island Road
ZIP Code
21401
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541519)
Business Age
Existing or more than 2 years old
Jobs Reported
90
Estimated Revenue
$18.6M
Rural/Urban
Urban
Congressional District
MD-03

Loan Use Breakdown

Payroll
$802,097
Rent
$40,000
Utilities
$10,000
Health Care
$55,000
Debt Interest
$903

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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