# PPP loan: HAMEL CONCRETE, INC.
> **$569K** approved 04/11/2020 · Paid in Full · Loan `2901817106`
## Borrower
- **Name:** HAMEL CONCRETE, INC.
- **Address:** 26431 JEFFERSON AVE SUITE A, MURRIETA, CA, 92562-6978
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $569K
- **Initial approval:** $569K
- **Forgiven:** $574K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $559K
- **Rent:** $6K
- **Utilities:** $650
- **Health care:** $3K
- **Jobs reported:** 53
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*