PPP Loan information for Reiser group sonic management co., llc

$3,832,800

Reiser group sonic management co., llc was initially approved for PPP Loan of amount $3,832,800, the current approved amount is $3,832,800. The loan was approved on 04/09/2020 by The Regions Bank reported 500 jobs and $3,832,800 was used to fund payroll.

Reiser group sonic management co., llc is Existing or more than 2 years old

REISER GROUP SONIC MANAGEMENT CO., LLC

Date Approved

04/09/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

REISER GROUP SONIC MANAGEMENT CO., LLC

Borrower Address

4723 VIKING DR

Borrower City

BOSSIER CITY

Borrower State

LA

Borrower Zip

71111-7420

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3832800.00

Current Approval Amount

3832800.00

Undisbursed Amount

0.00

Franchise Name

Sonic

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BOSSIER CITY

Project County Name

BOSSIER

Project State

LA

Project Zip

71111-7420

CD

LA-04

Jobs Reported

500

NAICS Code

722513

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3832800.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

3876483.42

Forgiveness Date

06/11/2021

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