Sonic Drive-In of Grove, INC

$126,600 PPP Loan in Miami, Oklahoma

Loan Details

Loan Number
7396247004
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$126,600
Current Approval
$126,600
Forgiveness Amount
$127,542
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sonic Drive-In of Grove, INC
Address
29 S Main St Suite 200
City
Miami
ZIP Code
74354-7022
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Business Age
Existing or more than 2 years old
Jobs Reported
42
Estimated Revenue
$7.5M
Rural/Urban
Rural
Congressional District
OK-02

Loan Use Breakdown

Payroll
$100,333
Rent
$16,000
Utilities
$8,136
Debt Interest
$2,131

Lender Information

Servicing Lender
Mabrey Bank
Originating Lender
Mabrey Bank

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