# PPP loan: HAMMER ELECTRICAL CONTRACTING LLC
> **$195K** approved 02/05/2021 · Paid in Full · Loan `3675428403`
## Borrower
- **Name:** HAMMER ELECTRICAL CONTRACTING LLC
- **Address:** 139 Route 526, Allentown, NJ, 08501-2016
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $195K
- **Initial approval:** $195K
- **Forgiven:** $198K (102%)
- **Forgiveness date:** 09/08/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $195K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** First Commerce Bank
- **Servicing:** First Commerce Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*