PPP Loan information for Sonic tools lp

$255,496

Sonic tools lp was initially approved for PPP Loan of amount $255,496, the current approved amount is $255,496. The loan was approved on 01/22/2021 by The Loan Source Incorporated reported 21 jobs and $255,496 was used to fund payroll.

Sonic tools lp is Existing or more than 2 years old

SONIC TOOLS LP

Date Approved

01/22/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

SONIC TOOLS LP

Borrower Address

10455 Dow Gil Rd

Borrower City

Ashland

Borrower State

VA

Borrower Zip

23005-7639

Loan Status Date

06/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

255495.82

Current Approval Amount

255495.82

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

Ashland

Project County Name

HANOVER

Project State

VA

Project Zip

23005-7639

CD

VA-01

Jobs Reported

21

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

255491.82

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 Partnership

Originating Lender Location Id

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

258904.76

Forgiveness Date

05/25/2022

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