Sonic Drive-In of Newbern
$81,800 PPP Loan in Newbern, Tennessee
Loan Details
- Loan Number
- 5513577010
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $81,800
- Current Approval
- $81,800
- Forgiveness Amount
- $82,409
- Forgiveness Date
- Jan 7, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Sonic Drive-In of Newbern
- Address
- 123 Highway 77
- City
- Newbern
- State
- Tennessee
- ZIP Code
- 38059-7101
- Business Type
- Partnership
- Industry (NAICS)
- Accommodation and Food Services (722513)
- Franchise
- Sonic
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 29
- Estimated Revenue
- $5.1M
- Rural/Urban
- Rural
- Congressional District
- TN-08
Loan Use Breakdown
- Payroll
- $81,800
Lender Information
- Servicing Lender
- Security Bank and Trust Company
- Originating Lender
- Security Bank and Trust Company
Other PPP Loans in Newbern, TN
| Business | Approved | |
|---|---|---|
| Southern Contracting LLC | $455,484 | |
| Southern Contracting, LLC | $439,000 | |
| Dyersburg/union City, LLC | $205,535 | |
| All Aboard Management, LLC | $129,900 | |
| Rodney S Lucas | $90,225 |
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