PPP Loan information for Sonic tools, lp

$221,700

Sonic tools, lp was initially approved for PPP Loan of amount $221,700, the current approved amount is $221,700. The loan was approved on 04/06/2020 by The Blue Ridge Bank, National Association reported 23 jobs and $221,700 was used to fund payroll.

Sonic tools, lp is Existing or more than 2 years old

PPP Loan Search / VA / ASHLAND / Sonic tools, lp

SONIC TOOLS, LP

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SONIC TOOLS, LP

Borrower Address

10455 Dow Gil Road

Borrower City

ASHLAND

Borrower State

VA

Borrower Zip

23005-7639

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

221700.00

Current Approval Amount

221700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124336

Servicing Lender Name

Blue Ridge Bank, National Association

Servicing Lender Address

1 E Market St Imperial Plaza

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ASHLAND

Project County Name

HANOVER

Project State

VA

Project Zip

23005-7639

CD

VA-01

Jobs Reported

23

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13000.00

Payroll Proceed

180000.00

Mortgage Interest Proceed

0.00

Rent Proceed

7700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

21000.00

Debt Interest Proceed

0

Business Type

Limited Liability Partnership

Originating Lender Location Id

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

224582.10

Forgiveness Date

07/29/2021

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