# PPP loan: HAMMER FINANCIAL GROUP, INC.
> **$213K** approved 04/07/2020 · Paid in Full · Loan `7233607000`
## Borrower
- **Name:** HAMMER FINANCIAL GROUP, INC.
- **Address:** 222 US HIGHWAY 41 SUITE 201, SCHERERVILLE, IN, 46375-1276
- **NAICS:** 523930
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $213K
- **Initial approval:** $213K
- **Forgiven:** $214K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $181K
- **Rent:** $21K
- **Utilities:** $11K
- **Jobs reported:** 17
## Lender
- **Originating:** American Community Bank of Indiana
- **Servicing:** American Community Bank of Indiana (IN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*