PPP Loan information for Sonic enterprises llc

$230,947

Sonic enterprises llc was initially approved for PPP Loan of amount $230,947, the current approved amount is $230,947. The loan was approved on 01/22/2021 by The Manufacturers and Traders Trust Company reported 17 jobs and $230,947 was used to fund payroll.

Sonic enterprises llc is Existing or more than 2 years old

PPP Loan Search / MD / Gaithersburg / Sonic enterprises llc

SONIC ENTERPRISES LLC

Date Approved

01/22/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

SONIC ENTERPRISES LLC

Borrower Address

435 E Diamond Ave Ste E

Borrower City

Gaithersburg

Borrower State

MD

Borrower Zip

20877-5021

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

230947.00

Current Approval Amount

230947.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Gaithersburg

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20877-5021

CD

MD-06

Jobs Reported

17

NAICS Code

541890

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

230943.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

232630.07

Forgiveness Date

10/20/2021

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