PPP Loan information for Sonic drive-in, fayetteville, tn, l.l.c

$135,090

Sonic drive-in, fayetteville, tn, l.l.c was initially approved for PPP Loan of amount $135,090, the current approved amount is $135,090. The loan was approved on 04/08/2020 by The First Horizon Bank reported 30 jobs and $135,090 was used to fund payroll.

Sonic drive-in, fayetteville, tn, l.l.c is Existing or more than 2 years old

SONIC DRIVE-IN, FAYETTEVILLE, TN, L.L.C

Date Approved

04/08/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SONIC DRIVE-IN, FAYETTEVILLE, TN, L.L.C

Borrower Address

1228 HUNTSVILLE HWY

Borrower City

FAYETTEVILLE

Borrower State

TN

Borrower Zip

37334-3618

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

135090.00

Current Approval Amount

135090.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAYETTEVILLE

Project County Name

LINCOLN

Project State

TN

Project Zip

37334-3618

CD

TN-04

Jobs Reported

30

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8732.00

Payroll Proceed

108072.00

Mortgage Interest Proceed

0.00

Rent Proceed

18286.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

136324.57

Forgiveness Date

03/22/2021

;