# PPP loan: HAMMERHEAD ELECTRIC & TECHNOLOGY, INC.
> **$164K** approved 04/14/2020 · Charged Off · Loan `7148477102`
## Borrower
- **Name:** HAMMERHEAD ELECTRIC & TECHNOLOGY, INC.
- **Address:** 2025 W DEER VALLEY RD - SUITE 103, PHOENIX, AZ, 85027
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $164K
- **Status:** Charged Off
- **Term:** 6 months
## Use of funds
- **Payroll:** $164K
- **Jobs reported:** 15
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*