PPP Loan information for Sonic drive-in, gallatin #2, l.l.c.

$90,615

Sonic drive-in, gallatin #2, l.l.c. was initially approved for PPP Loan of amount $90,615, the current approved amount is $90,615. The loan was approved on 04/08/2020 by The First Horizon Bank reported 21 jobs and $90,615 was used to fund payroll.

Sonic drive-in, gallatin #2, l.l.c. is Existing or more than 2 years old

SONIC DRIVE-IN, GALLATIN #2, L.L.C.

Date Approved

04/08/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SONIC DRIVE-IN, GALLATIN #2, L.L.C.

Borrower Address

172 N Belvedere Dr

Borrower City

GALLATIN

Borrower State

TN

Borrower Zip

37066-5418

Loan Status Date

04/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

90615.00

Current Approval Amount

90615.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GALLATIN

Project County Name

SUMNER

Project State

TN

Project Zip

37066-5418

CD

TN-06

Jobs Reported

21

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

70615.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

91433.05

Forgiveness Date

03/22/2021

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