Sonic Tools, LP

$221,700 PPP Loan in Ashland, Virginia

Loan Details

Loan Number
5952027000
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$221,700
Current Approval
$221,700
Forgiveness Amount
$224,582
Forgiveness Date
Jul 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sonic Tools, LP
Address
10455 Dow Gil Road
ZIP Code
23005-7639
Business Type
Limited Liability Partnership
Industry (NAICS)
Manufacturing (333249)
Business Age
Existing or more than 2 years old
Jobs Reported
23
Estimated Revenue
$6.0M
Rural/Urban
Rural
Congressional District
VA-01

Loan Use Breakdown

Payroll
$180,000
Rent
$7,700
Utilities
$13,000
Health Care
$21,000

Lender Information

Servicing Lender
Blue Ridge Bank, National Association
Originating Lender
Blue Ridge Bank National Association

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