PPP Loan information for Sonic drive in burrough road inc

$67,700

Sonic drive in burrough road inc was initially approved for PPP Loan of amount $67,700, the current approved amount is $67,700. The loan was approved on 04/04/2020 by The Mabrey Bank reported 23 jobs and $67,700 was used to fund payroll.

Sonic drive in burrough road inc is Existing or more than 2 years old

PPP Loan Search / AR / FORT SMITH / Sonic drive in burrough road inc

SONIC DRIVE IN BURROUGH ROAD INC

Date Approved

04/04/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

SONIC DRIVE IN BURROUGH ROAD INC

Borrower Address

4315 BURROUGH RD

Borrower City

FORT SMITH

Borrower State

AR

Borrower Zip

72916-9661

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

67700.00

Current Approval Amount

67700.00

Undisbursed Amount

0.00

Franchise Name

Sonic

Servicing Lender Location Id

58781

Servicing Lender Name

Mabrey Bank

Servicing Lender Address

14821 S Memorial

Servicing Lender City

BIXBY

Servicing Lender State

OK

Servicing Lender Zip

74008-3743

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORT SMITH

Project County Name

SEBASTIAN

Project State

AR

Project Zip

72916-9661

CD

AR-03

Jobs Reported

23

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3674.92

Payroll Proceed

50836.25

Mortgage Interest Proceed

286.83

Rent Proceed

12902.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

58781

Originating Lender

Mabrey Bank

Originating Lender City

BIXBY

Originating Lender State

OK

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

68149.45

Forgiveness Date

12/09/2020

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