PPP Loan information for Sonic enterprises, llc

$245,180

Sonic enterprises, llc was initially approved for PPP Loan of amount $245,180, the current approved amount is $245,180. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 17 jobs and $245,180 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

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

SONIC ENTERPRISES, LLC

Borrower Address

435 East Diamond Avenue Suite E

Borrower City

Gaithersburg

Borrower State

MD

Borrower Zip

20877

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

245180.00

Current Approval Amount

245180.00

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

20877-1000

CD

MD-08

Jobs Reported

17

NAICS Code

541890

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3370.00

Payroll Proceed

210000.00

Mortgage Interest Proceed

0.00

Rent Proceed

13300.00

Refinance EIDL Proceed

0.00

Health Care Proceed

18510.00

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

247161.59

Forgiveness Date

02/11/2021

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