Sonic Drive-In, Fayetteville, Tn, L.l.c

$135,090 PPP Loan in Fayetteville, Tennessee

Loan Details

Loan Number
7861897007
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$135,090
Current Approval
$135,090
Forgiveness Amount
$136,325
Forgiveness Date
Mar 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sonic Drive-In, Fayetteville, Tn, L.l.c
Address
1228 Huntsville Hwy
ZIP Code
37334-3618
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (722513)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$5.3M
Rural/Urban
Rural
Congressional District
TN-04

Loan Use Breakdown

Payroll
$108,072
Rent
$18,286
Utilities
$8,732

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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