PPP Loan information for Sonic drive-in, lavergne, tn, l.l.c.

$103,588

Sonic drive-in, lavergne, tn, l.l.c. was initially approved for PPP Loan of amount $103,588, the current approved amount is $103,588. The loan was approved on 04/08/2020 by The First Horizon Bank reported 23 jobs and $103,588 was used to fund payroll.

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

SONIC DRIVE-IN, LAVERGNE, TN, L.L.C.

Date Approved

04/08/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SONIC DRIVE-IN, LAVERGNE, TN, L.L.C.

Borrower Address

5210 Murfreesboro Road

Borrower City

LA VERGNE

Borrower State

TN

Borrower Zip

37086-2714

Loan Status Date

05/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

103587.50

Current Approval Amount

103587.50

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

Y

Business Age Description

Existing or more than 2 years old

Project City

LA VERGNE

Project County Name

RUTHERFORD

Project State

TN

Project Zip

37086-2714

CD

TN-04

Jobs Reported

23

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6588.00

Payroll Proceed

82999.50

Mortgage Interest Proceed

0.00

Rent Proceed

14000.00

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

104534.17

Forgiveness Date

03/22/2021

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