PPP Loan information for Sonic drive-in of union city tennessee

$115,800

Sonic drive-in of union city tennessee was initially approved for PPP Loan of amount $115,800, the current approved amount is $115,800. The loan was approved on 04/06/2020 by The Security Bank and Trust Company reported 42 jobs and $115,800 was used to fund payroll.

Sonic drive-in of union city tennessee is Change of Ownership

PPP Loan Search / TN / UNION CITY / Sonic drive-in of union city tennessee

SONIC DRIVE-IN OF UNION CITY TENNESSEE

Date Approved

04/06/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SONIC DRIVE-IN OF UNION CITY TENNESSEE

Borrower Address

416 REELFOOT AVE

Borrower City

UNION CITY

Borrower State

TN

Borrower Zip

38261-5714

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

115800.00

Current Approval Amount

115800.00

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

Change of Ownership

Project City

UNION CITY

Project County Name

OBION

Project State

TN

Project Zip

38261-5714

CD

TN-08

Jobs Reported

42

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

115800.00

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

116588.08

Forgiveness Date

12/15/2020

;