PPP Loan information for Sonic drive-in, fountain lake, inc

$72,200

Sonic drive-in, fountain lake, inc was initially approved for PPP Loan of amount $72,200, the current approved amount is $72,200. The loan was approved on 04/12/2020 by The Arvest Bank reported 28 jobs and $72,200 was used to fund payroll.

Sonic drive-in, fountain lake, inc is Existing or more than 2 years old

PPP Loan Search / AR / HOT SPRINGS NATIONAL PARK / Sonic drive-in, fountain lake, inc

SONIC DRIVE-IN, FOUNTAIN LAKE, INC

Date Approved

04/12/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

SONIC DRIVE-IN, FOUNTAIN LAKE, INC

Borrower Address

4311 PARK AVE

Borrower City

HOT SPRINGS NATIONAL PARK

Borrower State

AR

Borrower Zip

71901-9475

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72200.00

Current Approval Amount

72200.00

Undisbursed Amount

0.00

Franchise Name

Sonic

Servicing Lender Location Id

4282

Servicing Lender Name

Arvest Bank

Servicing Lender Address

75 N East Ave

Servicing Lender City

FAYETTEVILLE

Servicing Lender State

AR

Servicing Lender Zip

72701-6171

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOT SPRINGS NATIONAL PARK

Project County Name

GARLAND

Project State

AR

Project Zip

71901-9475

CD

AR-04

Jobs Reported

28

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

72200.00

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

Corporation

Originating Lender Location Id

4282

Originating Lender

Arvest Bank

Originating Lender City

FAYETTEVILLE

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

72725.46

Forgiveness Date

01/08/2021

;