# PPP loan: HAMMOND-MITCHELL INC.
> **$576K** approved 01/21/2021 · Paid in Full · Loan `3050728301`
## Borrower
- **Name:** HAMMOND-MITCHELL INC.
- **Address:** 1555 E Dolly Ann Dr, Covington, VA, 24426-3005
- **NAICS:** 237310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $576K
- **Initial approval:** $576K
- **Forgiven:** $578K (100%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $576K
- **Utilities:** $1
- **Jobs reported:** 38
## Lender
- **Originating:** The First Bank and Trust Company
- **Servicing:** The First Bank and Trust Company (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*