PPP Loan information for Sonic drive-in, arab, alabama, l.l.c.

$80,183

Sonic drive-in, arab, alabama, l.l.c. was initially approved for PPP Loan of amount $80,183, the current approved amount is $80,183. The loan was approved on 04/07/2020 by The First Horizon Bank reported 500 jobs and $80,183 was used to fund payroll.

Sonic drive-in, arab, alabama, l.l.c. is Existing or more than 2 years old

PPP Loan Search / AL / ARAB / Sonic drive-in, arab, alabama, l.l.c.

SONIC DRIVE-IN, ARAB, ALABAMA, L.L.C.

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SONIC DRIVE-IN, ARAB, ALABAMA, L.L.C.

Borrower Address

431 N Main

Borrower City

ARAB

Borrower State

AL

Borrower Zip

35016-1238

Loan Status Date

05/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80183.00

Current Approval Amount

80183.00

Undisbursed Amount

0.00

Franchise Name

Sonic

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARAB

Project County Name

MARSHALL

Project State

AL

Project Zip

35016-1238

CD

AL-04

Jobs Reported

500

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5183.00

Payroll Proceed

65000.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

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

80922.47

Forgiveness Date

03/22/2021

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