PPP Loan information for Sonic drive-in, olive branch, ms, a limited partnership

$122,040

Sonic drive-in, olive branch, ms, a limited partnership was initially approved for PPP Loan of amount $122,040, the current approved amount is $122,040. The loan was approved on 04/14/2020 by The Loan Source Incorporated reported 55 jobs and $122,040 was used to fund payroll.

Sonic drive-in, olive branch, ms, a limited partnership is Existing or more than 2 years old

SONIC DRIVE-IN, OLIVE BRANCH, MS, A LIMITED PARTNERSHIP

Date Approved

04/14/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

SONIC DRIVE-IN, OLIVE BRANCH, MS, A LIMITED PARTNERSHIP

Borrower Address

8790 MILLBRANCH RD

Borrower City

SOUTHAVEN

Borrower State

MS

Borrower Zip

38671

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

122040.00

Current Approval Amount

122040.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTHAVEN

Project County Name

DESOTO

Project State

MS

Project Zip

38671-0001

CD

MS-01

Jobs Reported

55

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

122040.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

123828.81

Forgiveness Date

10/12/2021

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