PPP Loan information for Sonic drive in of zachary, inc

$86,700

Sonic drive in of zachary, inc was initially approved for PPP Loan of amount $86,700, the current approved amount is $86,700. The loan was approved on 04/03/2020 by The The First Bank reported 39 jobs and $86,700 was used to fund payroll.

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

SONIC DRIVE IN OF ZACHARY, INC

Date Approved

04/03/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

SONIC DRIVE IN OF ZACHARY, 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

86700.00

Current Approval Amount

86700.00

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

MS

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

ABERDEEN

Project County Name

MONROE

Project State

MS

Project Zip

39730-8717

CD

MS-01

Jobs Reported

39

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7600.00

Payroll Proceed

69000.00

Mortgage Interest Proceed

0.00

Rent Proceed

10100.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

87632.03

Forgiveness Date

05/06/2021

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