# PPP loan: HAMEL BROS SERVICE, INC.
> **$296K** approved 04/07/2020 · Paid in Full · Loan `7617357007`
## Borrower
- **Name:** HAMEL BROS SERVICE, INC.
- **Address:** 157 PAWTUCKET BLVD, LOWELL, MA, 01854-2509
- **NAICS:** 811111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $296K
- **Initial approval:** $296K
- **Forgiven:** $300K (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $240K
- **Mortgage interest:** $24K
- **Utilities:** $9K
- **Health care:** $23K
- **Jobs reported:** 16
## Lender
- **Originating:** Enterprise Bank and Trust Company
- **Servicing:** Enterprise Bank and Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*