PPP Loan information for Sonic drive in cushing inc

$55,662

Sonic drive in cushing inc was initially approved for PPP Loan of amount $55,662, the current approved amount is $55,662. The loan was approved on 04/05/2020 by The Mabrey Bank reported 20 jobs and $55,662 was used to fund payroll.

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

PPP Loan Search / OK / CUSHING / Sonic drive in cushing inc

SONIC DRIVE IN CUSHING INC

Date Approved

04/05/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

SONIC DRIVE IN CUSHING INC

Borrower Address

705 E. MAIN ST

Borrower City

CUSHING

Borrower State

OK

Borrower Zip

74023-2740

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55662.00

Current Approval Amount

55662.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CUSHING

Project County Name

PAYNE

Project State

OK

Project Zip

74023-2740

CD

OK-03

Jobs Reported

20

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1975.00

Payroll Proceed

41747.00

Mortgage Interest Proceed

0.00

Rent Proceed

11940.00

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

56029.99

Forgiveness Date

12/09/2020

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