PPP Loan information for Ponder industrial inc.

$46,795

Ponder industrial inc. was initially approved for PPP Loan of amount $46,795, the current approved amount is $46,795. The loan was approved on 01/22/2021 by The Independent Bank reported 6 jobs and $46,795 was used to fund payroll.

Ponder industrial inc. is Existing or more than 2 years old

PONDER INDUSTRIAL INC.

Date Approved

01/22/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

PONDER INDUSTRIAL INC.

Borrower Address

3780 N Euclid Ave

Borrower City

Bay City

Borrower State

MI

Borrower Zip

48706-2027

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

46795.00

Current Approval Amount

46795.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bay City

Project County Name

BAY

Project State

MI

Project Zip

48706-2027

CD

MI-08

Jobs Reported

6

NAICS Code

333999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

46793.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

46962.95

Forgiveness Date

06/15/2021

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