Sonic Drive-In, Arab, Alabama, L.l.c.
$80,183 PPP Loan in Arab, Alabama
Loan Details
- Loan Number
- 7599387000
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $80,183
- Current Approval
- $80,183
- Forgiveness Amount
- $80,922
- Forgiveness Date
- Mar 22, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Sonic Drive-In, Arab, Alabama, L.l.c.
- Address
- 431 N Main
- City
- Arab
- State
- Alabama
- ZIP Code
- 35016-1238
- 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
- AL-04
Loan Use Breakdown
- Payroll
- $65,000
- Rent
- $10,000
- Utilities
- $5,183
Lender Information
- Servicing Lender
- First Horizon Bank
- Originating Lender
- First Horizon Bank
Other PPP Loans in Arab, AL
| Business | Approved | |
|---|---|---|
| Syncro Corporation | $916,200 | |
| Arab Cartage & Expre | $840,417 | |
| Arab Cartage & Express Co Inc. | $840,400 | |
| Guntersville Breathables, INC | $826,700 | |
| B-K Manufacturing Co. Inc. | $541,532 |
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