# PPP loan: HAMMER PLUMBING AND PUMPING, INC
> **$505K** approved 04/10/2020 · Paid in Full · Loan `1981457110`
## Borrower
- **Name:** HAMMER PLUMBING AND PUMPING, INC
- **Address:** 68337 Kieley, CATHEDRAL CITY, CA, 92234
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $505K
- **Initial approval:** $505K
- **Forgiven:** $392K (78%)
- **Forgiveness date:** 03/03/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $404K
- **Mortgage interest:** $99K
- **Utilities:** $2K
- **Jobs reported:** 29
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*