PPP Loan information for Ponderay newsprint company

$3,464,410

Ponderay newsprint company was initially approved for PPP Loan of amount $3,464,410, the current approved amount is $3,464,410. The loan was approved on 04/13/2020 by The American AgCredit ACA reported 148 jobs and $3,464,410 was used to fund payroll.

Ponderay newsprint company is Existing or more than 2 years old

PONDERAY NEWSPRINT COMPANY

Date Approved

04/13/2020

SBA Office Code

1094

Processing Method

PPP

Borrower Name

PONDERAY NEWSPRINT COMPANY

Borrower Address

422767 Highway 20

Borrower City

USK

Borrower State

WA

Borrower Zip

99180

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3464410.42

Current Approval Amount

3464410.42

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

199790

Servicing Lender Name

American AgCredit ACA

Servicing Lender Address

200 Concourse Blvd

Servicing Lender City

Santa Rosa

Servicing Lender State

CA

Servicing Lender Zip

95402

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

USK

Project County Name

PEND OREILLE

Project State

WA

Project Zip

99180-0001

CD

WA-05

Jobs Reported

148

NAICS Code

322122

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

866102.60

Payroll Proceed

2598307.82

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

Partnership

Originating Lender Location Id

199790

Originating Lender

American AgCredit ACA

Originating Lender City

Santa Rosa

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

3504443.61

Forgiveness Date

06/11/2021

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