Date Approved
04/03/2020
SBA Office Code
0470
Processing Method
PPP
Borrower Name
SONIC DRIVE IN OF WALKER, INC
Borrower Address
30096 WREN CEMETERY RD
Borrower City
ABERDEEN
Borrower State
MS
Borrower Zip
39730-8717
Loan Status Date
05/18/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
94600.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Sonic
Servicing Lender Location Id
120708
Servicing Lender Name
The First Bank
Servicing Lender Address
6480 Hwy 98, West
Servicing Lender City
HATTIESBURG
Servicing Lender State
Servicing Lender Zip
39402
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MONROE
Project State
Project Zip
CD
MS-01
Jobs Reported
30
NAICS Code
722513
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
6800.00
Payroll Proceed
75000.00
Mortgage Interest Proceed
Rent Proceed
12800.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
95616.95
Forgiveness Date
05/06/2021