Highway 108 Sonic INC

$93,340 PPP Loan in Sulphur, Louisiana

Loan Details

Loan Number
8072967104
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$93,340
Current Approval
$93,340
Forgiveness Amount
$94,054
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Highway 108 Sonic INC
Address
110 S Cities Service Hwy
ZIP Code
70663
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
LA-03

Loan Use Breakdown

Payroll
$70,541
Rent
$15,000
Utilities
$4,470
Health Care
$1,864
Mortgage Interest
$1,465

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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