# PPP loan: HAMMOND ELECTRIC SERVICE INC
> **$222K** approved 01/22/2021 · Paid in Full · Loan `4072878306`
## Borrower
- **Name:** HAMMOND ELECTRIC SERVICE INC
- **Address:** 2970 NW 22nd St, Miami, FL, 33142-7002
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $222K
- **Initial approval:** $222K
- **Forgiven:** $225K (101%)
- **Forgiveness date:** 05/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $222K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*