PPP Loan information for Sonic manufacturing technologies inc

$2,891,512

Sonic manufacturing technologies inc was initially approved for PPP Loan of amount $2,891,512, the current approved amount is $2,891,512. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 314 jobs and $2,891,512 was used to fund payroll.

Sonic manufacturing technologies inc is New Business or 2 years or less

PPP Loan Search / CA / Fremont / Sonic manufacturing technologies inc

SONIC MANUFACTURING TECHNOLOGIES INC

Date Approved

05/01/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

SONIC MANUFACTURING TECHNOLOGIES INC

Borrower Address

47931 Westinghouse Dr

Borrower City

Fremont

Borrower State

CA

Borrower Zip

94539

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2891512.00

Current Approval Amount

2891512.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Fremont

Project County Name

ALAMEDA

Project State

CA

Project Zip

94539-0001

CD

CA-14

Jobs Reported

314

NAICS Code

334418

Race

Multi Group

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2891512.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2924388.10

Forgiveness Date

07/01/2021

;