PPP Loan information for Ponders automotive, inc.

$89,250

Ponders automotive, inc. was initially approved for PPP Loan of amount $89,250, the current approved amount is $89,250. The loan was approved on 04/06/2020 by The Thomasville National Bank reported 10 jobs and $89,250 was used to fund payroll.

Ponders automotive, inc. is Existing or more than 2 years old

PONDERS AUTOMOTIVE, INC.

Date Approved

04/06/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

PONDERS AUTOMOTIVE, INC.

Borrower Address

1052 W JACKSON ST

Borrower City

THOMASVILLE

Borrower State

GA

Borrower Zip

31792-6337

Loan Status Date

06/02/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89250.00

Current Approval Amount

89250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119679

Servicing Lender Name

Thomasville National Bank

Servicing Lender Address

301 N Broad St

Servicing Lender City

THOMASVILLE

Servicing Lender State

GA

Servicing Lender Zip

31792-5118

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

THOMASVILLE

Project County Name

THOMAS

Project State

GA

Project Zip

31792-6337

CD

GA-02

Jobs Reported

10

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4462.50

Payroll Proceed

71400.00

Mortgage Interest Proceed

13387.50

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

119679

Originating Lender

Thomasville National Bank

Originating Lender City

THOMASVILLE

Originating Lender State

GA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

89906.98

Forgiveness Date

01/07/2021

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