551 PONCE, LLC (GA) - 2020 PPP Loan Borrower Profile (# 6794647203)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 551 PONCE, LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Georgia.

Loan Detail

Loan Number

6794647203

SBA Office Code

0405

Processing Method

PPP

Curent Loan Amount

$45,000

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$45,384.66

Date Loan was Forgiven

Mar 10, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

7,000

Payroll Proced

38,000

Lender

Open Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

721110

Borrower Location

MARIETTA, GA

Project Location

MARIETTA, GA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.