PPP Loan information for Sonic drive-in mcminnville tn

$146,859

Sonic drive-in mcminnville tn was initially approved for PPP Loan of amount $146,859, the current approved amount is $146,859. The loan was approved on 04/08/2020 by The First Horizon Bank reported 20 jobs and $146,859 was used to fund payroll.

Sonic drive-in mcminnville tn is Existing or more than 2 years old

SONIC DRIVE-IN MCMINNVILLE TN

Date Approved

04/08/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SONIC DRIVE-IN MCMINNVILLE TN

Borrower Address

813 Smithville Highway

Borrower City

MCMINNVILLE

Borrower State

TN

Borrower Zip

37110-1692

Loan Status Date

04/24/2021

Loan Status

Paid in Full

Term

23

SBA Guaranty Percentage

100

Initial Approval Amount

146859.00

Current Approval Amount

146859.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MCMINNVILLE

Project County Name

WARREN

Project State

TN

Project Zip

37110-1692

CD

TN-04

Jobs Reported

20

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5859.00

Payroll Proceed

118000.00

Mortgage Interest Proceed

0.00

Rent Proceed

23000.00

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

148209.29

Forgiveness Date

03/22/2021

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