PPP Loan information for Ponchos inc

$498,858

Ponchos inc was initially approved for PPP Loan of amount $498,858, the current approved amount is $498,858. The loan was approved on 03/30/2021 by The JPMorgan Chase Bank, National Association reported 30 jobs and $498,858 was used to fund payroll.

Ponchos inc is Existing or more than 2 years old

PONCHOS INC

Date Approved

03/30/2021

SBA Office Code

0988

Processing Method

PPS

Borrower Name

PONCHOS INC

Borrower Address

7202 S Central Ave

Borrower City

Phoenix

Borrower State

AZ

Borrower Zip

85042-5425

Loan Status Date

07/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

498858.00

Current Approval Amount

498858.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Phoenix

Project County Name

MARICOPA

Project State

AZ

Project Zip

85042-5425

CD

AZ-03

Jobs Reported

30

NAICS Code

722511

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

498856.00

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

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

504969.01

Forgiveness Date

06/27/2022

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