PPP Loan information for Ponderosa, inc

$1,308,500

Ponderosa, inc was initially approved for PPP Loan of amount $1,308,500, the current approved amount is $1,308,500. The loan was approved on 04/04/2020 by The First Palmetto Bank reported 197 jobs and $1,308,500 was used to fund payroll.

Ponderosa, inc is Existing or more than 2 years old

PONDEROSA, INC

Date Approved

04/04/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

PONDEROSA, INC

Borrower Address

2511 North Oak Street

Borrower City

MYRTLE BEACH

Borrower State

SC

Borrower Zip

29577-3127

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1308500.00

Current Approval Amount

1308500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79252

Servicing Lender Name

First Palmetto Bank

Servicing Lender Address

407 DeKalb St

Servicing Lender City

CAMDEN

Servicing Lender State

SC

Servicing Lender Zip

29020-4437

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MYRTLE BEACH

Project County Name

HORRY

Project State

SC

Project Zip

29577-3127

CD

SC-07

Jobs Reported

197

NAICS Code

713910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

41700.00

Payroll Proceed

1046800.00

Mortgage Interest Proceed

0.00

Rent Proceed

100000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

120000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

79252

Originating Lender

First Palmetto Bank

Originating Lender City

CAMDEN

Originating Lender State

SC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1321839.43

Forgiveness Date

04/19/2021

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