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
- City
- Ashland
- State
- Virginia
- 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
Other PPP Loans in Ashland, VA
| Business | Approved | |
|---|---|---|
| Tsrc, Inc. | $5,596,000 | |
| Miller Hancock Services Corporation | $3,061,000 | |
| Anton Paar Usa, Inc. | $2,870,000 | |
| Foley Material Handling Co., Inc. | $2,098,900 | |
| Produce Source Partners INC | $2,066,000 |
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