PPP Loan information for Sonic drive-in, cave city, inc.

$90,700

Sonic drive-in, cave city, inc. was initially approved for PPP Loan of amount $90,700, the current approved amount is $90,700. The loan was approved on 04/09/2020 by The Arvest Bank reported 30 jobs and $90,700 was used to fund payroll.

Sonic drive-in, cave city, inc. is Existing or more than 2 years old

PPP Loan Search / AR / CAVE CITY / Sonic drive-in, cave city, inc.

SONIC DRIVE-IN, CAVE CITY, INC.

Date Approved

04/09/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

SONIC DRIVE-IN, CAVE CITY, INC.

Borrower Address

404 MAIN ST

Borrower City

CAVE CITY

Borrower State

AR

Borrower Zip

72521-9153

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

90700.00

Current Approval Amount

90700.00

Undisbursed Amount

0.00

Franchise Name

Sonic

Servicing Lender Location Id

4282

Servicing Lender Name

Arvest Bank

Servicing Lender Address

75 N East Ave

Servicing Lender City

FAYETTEVILLE

Servicing Lender State

AR

Servicing Lender Zip

72701-6171

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CAVE CITY

Project County Name

INDEPENDENCE

Project State

AR

Project Zip

72521-9153

CD

AR-01

Jobs Reported

30

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

90700.00

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

Subchapter S Corporation

Originating Lender Location Id

4282

Originating Lender

Arvest Bank

Originating Lender City

FAYETTEVILLE

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

91355.06

Forgiveness Date

01/08/2021

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