# PPP loan: HAMMER EQUIPMENT, LLC.
> **$449K** approved 04/10/2020 · Paid in Full · Loan `1579147102`
## Borrower
- **Name:** HAMMER EQUIPMENT, LLC.
- **Address:** WINSTON 8 RANCH RD, LUFKIN, TX, 75904-5023
- **NAICS:** 423820
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $449K
- **Initial approval:** $449K
- **Forgiven:** $453K (101%)
- **Forgiveness date:** 03/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $359K
- **Utilities:** $90K
- **Jobs reported:** 48
## Lender
- **Originating:** Commercial Bank of Texas, N.A.
- **Servicing:** Commercial Bank of Texas, N.A. (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*