PPP Loan information for Sonic outpost

$312,732

Sonic outpost was initially approved for PPP Loan of amount $312,732, the current approved amount is $312,732. The loan was approved on 04/14/2020 by The Manufacturers and Traders Trust Company reported 70 jobs and $312,732 was used to fund payroll.

Sonic outpost is Existing or more than 2 years old

SONIC OUTPOST

Date Approved

04/14/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

SONIC OUTPOST

Borrower Address

13505 Olde Saybrook Circle

Borrower City

Hagerstown

Borrower State

MD

Borrower Zip

21742

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

312732.00

Current Approval Amount

312732.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hagerstown

Project County Name

WASHINGTON

Project State

MD

Project Zip

21742-0001

CD

MD-06

Jobs Reported

70

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25000.00

Payroll Proceed

262732.00

Mortgage Interest Proceed

25000.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

314985.38

Forgiveness Date

01/11/2021

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