PPP Loan information for Sonic drive-in, water valley, ms, llc

$74,250

Sonic drive-in, water valley, ms, llc was initially approved for PPP Loan of amount $74,250, the current approved amount is $74,250. The loan was approved on 04/14/2020 by The Loan Source Incorporated reported 46 jobs and $74,250 was used to fund payroll.

Sonic drive-in, water valley, ms, llc is Existing or more than 2 years old

PPP Loan Search / MS / WATER VALLEY / Sonic drive-in, water valley, ms, llc

SONIC DRIVE-IN, WATER VALLEY, MS, LLC

Date Approved

04/14/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

SONIC DRIVE-IN, WATER VALLEY, MS, LLC

Borrower Address

316 MAIN ST

Borrower City

WATER VALLEY

Borrower State

MS

Borrower Zip

38965

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

74250.00

Current Approval Amount

74250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WATER VALLEY

Project County Name

YALOBUSHA

Project State

MS

Project Zip

38965-0001

CD

MS-02

Jobs Reported

46

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

74250.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

75332.22

Forgiveness Date

10/06/2021

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