# PPP loan: HAMMER RESIDENCES, INC
> **$2.50M** approved 04/11/2020 · Paid in Full · Loan `3531867106`
## Borrower
- **Name:** HAMMER RESIDENCES, INC
- **Address:** 1909 Wayzata Blvd, WAYZATA, MN, 55391-2099
- **NAICS:** 623210
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.50M
- **Initial approval:** $3.78M
- **Forgiven:** $2.53M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.50M
- **Jobs reported:** 448
## Lender
- **Originating:** Bremer Bank, National Association
- **Servicing:** Bremer Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*