# PPP loan: HAMEL ASSOCIATES, INC.
> **$198K** approved 05/01/2020 · Paid in Full · Loan `1023557809`
## Borrower
- **Name:** HAMEL ASSOCIATES, INC.
- **Address:** 7831 E BUSH LAKE RD, EDINA, MN, 55439
- **NAICS:** 423720
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $200K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $198K
- **Jobs reported:** 6
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*