Ponderosa, INC

$1,308,500 PPP Loan in Myrtle Beach, South Carolina

Loan Details

Loan Number
4946517004
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$1,308,500
Current Approval
$1,308,500
Forgiveness Amount
$1,321,839
Forgiveness Date
Apr 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ponderosa, INC
Address
2511 North Oak Street
ZIP Code
29577-3127
Business Type
Corporation
Industry (NAICS)
Arts, Entertainment, and Recreation (713910)
Business Age
Existing or more than 2 years old
Jobs Reported
197
Estimated Revenue
$27.6M
Rural/Urban
Rural
Congressional District
SC-07

Loan Use Breakdown

Payroll
$1,046,800
Rent
$100,000
Utilities
$41,700
Health Care
$120,000

Lender Information

Servicing Lender
First Palmetto Bank
Originating Lender
First Palmetto Bank

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