PPP Loan information for Sonic drive-in, midland, texas, llc

$150,300

Sonic drive-in, midland, texas, llc was initially approved for PPP Loan of amount $150,300, the current approved amount is $150,300. The loan was approved on 04/28/2020 by The U.S. Bank, National Association reported 23 jobs and $150,300 was used to fund payroll.

Sonic drive-in, midland, texas, llc is Existing or more than 2 years old

SONIC DRIVE-IN, MIDLAND, TEXAS, LLC

Date Approved

04/28/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

SONIC DRIVE-IN, MIDLAND, TEXAS, LLC

Borrower Address

2104 N BIG SPRING

Borrower City

MIDLAND

Borrower State

TX

Borrower Zip

79705-8821

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

150300.00

Current Approval Amount

150300.00

Undisbursed Amount

0.00

Franchise Name

Sonic

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MIDLAND

Project County Name

MIDLAND

Project State

TX

Project Zip

79705-8821

CD

TX-11

Jobs Reported

23

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

150207.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

92.50

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

152182.92

Forgiveness Date

07/27/2021

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