PPP Loan information for Sonic drive in of chelsea inc

$51,800

Sonic drive in of chelsea inc was initially approved for PPP Loan of amount $51,800, the current approved amount is $51,800. The loan was approved on 04/06/2020 by The Planters Bank & Trust Company reported 13 jobs and $51,800 was used to fund payroll.

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

PPP Loan Search / MS / CLARKSDALE / Sonic drive in of chelsea inc

SONIC DRIVE IN OF CHELSEA INC

Date Approved

04/06/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

SONIC DRIVE IN OF CHELSEA INC

Borrower Address

101 JANE CV

Borrower City

CLARKSDALE

Borrower State

MS

Borrower Zip

38614-9714

Loan Status Date

03/26/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51800.00

Current Approval Amount

51800.00

Undisbursed Amount

0.00

Franchise Name

Sonic

Servicing Lender Location Id

39763

Servicing Lender Name

Planters Bank & Trust Company

Servicing Lender Address

212 Catchings Ave

Servicing Lender City

INDIANOLA

Servicing Lender State

MS

Servicing Lender Zip

38751-2408

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLARKSDALE

Project County Name

COAHOMA

Project State

MS

Project Zip

38614-9714

CD

MS-02

Jobs Reported

13

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

51800.00

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

39763

Originating Lender

Planters Bank & Trust Company

Originating Lender City

INDIANOLA

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

52300.97

Forgiveness Date

04/05/2021

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