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
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

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