PPP Loan information for Ponder industrial incorporated

$59,513

Ponder industrial incorporated was initially approved for PPP Loan of amount $59,513, the current approved amount is $59,513. The loan was approved on 04/15/2020 by The Independent Bank reported 6 jobs and $59,513 was used to fund payroll.

Ponder industrial incorporated is Existing or more than 2 years old

PPP Loan Search / MI / BAY CITY / Ponder industrial incorporated

PONDER INDUSTRIAL INCORPORATED

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PONDER INDUSTRIAL INCORPORATED

Borrower Address

3780 N EUCLID AVE

Borrower City

BAY CITY

Borrower State

MI

Borrower Zip

48706-2027

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59513.00

Current Approval Amount

59513.00

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

332999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

59513.00

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

59837.02

Forgiveness Date

11/05/2020

;