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Hammond Farms, INC

$433,382 PPP Loan in Dimondale, Michigan

Loan Details

Loan Number
9395277010
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$433,382
Current Approval
$433,382
Forgiveness Amount
$438,309
Forgiveness Date
Jun 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hammond Farms, INC
Address
5834 N Michigan Rd
City
Dimondale
State
Michigan
ZIP Code
48821-9616
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (444220)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-07

Loan Use Breakdown

Payroll
$285,100
Rent
$97,782
Utilities
$10,500
Health Care
$40,000

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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