PPP Loan information for Sonic drive-in of milan

$91,600

Sonic drive-in of milan was initially approved for PPP Loan of amount $91,600, the current approved amount is $91,600. The loan was approved on 04/05/2020 by The Security Bank and Trust Company reported 30 jobs and $91,600 was used to fund payroll.

Sonic drive-in of milan is Existing or more than 2 years old

SONIC DRIVE-IN OF MILAN

Date Approved

04/05/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SONIC DRIVE-IN OF MILAN

Borrower Address

1003 VAN HOOK ST

Borrower City

MILAN

Borrower State

TN

Borrower Zip

38358-2854

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

91600.00

Current Approval Amount

91600.00

Undisbursed Amount

0.00

Franchise Name

Sonic

Servicing Lender Location Id

66905

Servicing Lender Name

Security Bank and Trust Company

Servicing Lender Address

210 W Washington St

Servicing Lender City

PARIS

Servicing Lender State

TN

Servicing Lender Zip

38242-4013

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MILAN

Project County Name

GIBSON

Project State

TN

Project Zip

38358-2854

CD

TN-08

Jobs Reported

30

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

91600.00

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

Partnership

Originating Lender Location Id

66905

Originating Lender

Security Bank and Trust Company

Originating Lender City

PARIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

92355.70

Forgiveness Date

02/05/2021

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