Sweetwater Franchise Group LLC

$2,251,300 PPP Loan in Tylertown, Mississippi

Loan Details

Loan Number
5879427005
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$2,251,300
Current Approval
$2,251,300
Forgiveness Amount
$2,281,567
Forgiveness Date
Aug 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sweetwater Franchise Group LLC
Address
211 Ball Avenue
ZIP Code
39667-2103
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Sonic
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$88.8M
Rural/Urban
Rural
Congressional District
MS-03

Loan Use Breakdown

Payroll
$1,688,475
Rent
$337,695
Utilities
$225,130

Lender Information

Servicing Lender
Wallis Bank
Originating Lender
Wallis Bank

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