Federal loan · direct loan (e)

Pontes Construction, LLC

Awardtype: Direct Loans Activities to Be Performed: Provide Loans to Businesses Impacted by the COVID-19 Pandemic for Uninsured or Otherwise Uncompensated Economic Injury. Deliverables: Loans Expected Outcomes: Expected Outcomes: Enable Businesses to Fund Post-disaster Ordinary and Necessary Operating Expenses Until Normal Operations Resume Intended Beneficiaries: Survivors of Disaster Subrecipient Activities: Na

Loan amount

$200,000

$23.4K subsidy cost

Paid to

Pontes Construction, LLC

11 Stony Ridge RD, North Windham, CT, 06256

Small Business Administration

Place

CT, UNITED STATES

What it funds

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗

Federal loan · direct loan (e)

Small Business Administration

Disaster Assistance Loans to

Pontes Construction, LLC

Loan amount

$200,000

$23.4K subsidy cost

Paid to

Pontes Construction, LLC

11 Stony Ridge RD, North Windham, CT, 06256

Small Business Administration

Place

CT, UNITED STATES

What it funds

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗