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

$98,819

Sonic drive-in, south pittsburg, tn, l.l.c was initially approved for PPP Loan of amount $98,819, the current approved amount is $98,819. The loan was approved on 04/08/2020 by The First Horizon Bank reported 20 jobs and $98,819 was used to fund payroll.

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

PPP Loan Search / TN / SOUTH PITTSBURG / Sonic drive-in, south pittsburg, tn, l.l.c

SONIC DRIVE-IN, SOUTH PITTSBURG, TN, L.L.C

Date Approved

04/08/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SONIC DRIVE-IN, SOUTH PITTSBURG, TN, L.L.C

Borrower Address

131 Highway 156

Borrower City

SOUTH PITTSBURG

Borrower State

TN

Borrower Zip

37380-7021

Loan Status Date

04/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

98819.00

Current Approval Amount

98819.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

SOUTH PITTSBURG

Project County Name

MARION

Project State

TN

Project Zip

37380-7021

CD

TN-04

Jobs Reported

20

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4819.00

Payroll Proceed

79000.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

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

99722.10

Forgiveness Date

03/22/2021

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