PPP Loan information for Sweetwater franchise group llc

$2,251,300

Sweetwater franchise group llc was initially approved for PPP Loan of amount $2,251,300, the current approved amount is $2,251,300. The loan was approved on 04/06/2020 by The Wallis Bank reported 500 jobs and $2,251,300 was used to fund payroll.

Sweetwater franchise group llc is Existing or more than 2 years old

SWEETWATER FRANCHISE GROUP LLC

Date Approved

04/06/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

SWEETWATER FRANCHISE GROUP LLC

Borrower Address

211 Ball Avenue

Borrower City

TYLERTOWN

Borrower State

MS

Borrower Zip

39667-2103

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2251300.00

Current Approval Amount

2251300.00

Undisbursed Amount

0.00

Franchise Name

Sonic

Servicing Lender Location Id

72083

Servicing Lender Name

Wallis Bank

Servicing Lender Address

6510 Railroad St

Servicing Lender City

WALLIS

Servicing Lender State

TX

Servicing Lender Zip

77485-9186

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TYLERTOWN

Project County Name

WALTHALL

Project State

MS

Project Zip

39667-2103

CD

MS-03

Jobs Reported

500

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

225130.00

Payroll Proceed

1688475.00

Mortgage Interest Proceed

0.00

Rent Proceed

337695.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

72083

Originating Lender

Wallis Bank

Originating Lender City

WALLIS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2281567.48

Forgiveness Date

08/18/2021

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