# PPP loan: THE M. HAMEL COMPANY
> **$661K** approved 03/17/2021 · Paid in Full · Loan `3417248601`
## Borrower
- **Name:** THE M. HAMEL COMPANY
- **Address:** 125 W Shiawassee Ave, Fenton, MI, 48430-2005
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $661K
- **Initial approval:** $661K
- **Forgiven:** $665K (101%)
- **Forgiveness date:** 10/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $661K
- **Utilities:** $1
- **Jobs reported:** 100
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*