Sonic Drive-In, Manchester, Tn, LP

$190,248 PPP Loan in Manchester, Tennessee

Loan Details

Loan Number
8449637002
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$190,248
Current Approval
$190,248
Forgiveness Amount
$191,670
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sonic Drive-In, Manchester, Tn, LP
Address
624 Hillsboro Blvd
ZIP Code
37355-2020
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
35
Estimated Revenue
$6.2M
Rural/Urban
Rural
Congressional District
TN-04

Loan Use Breakdown

Payroll
$153,000
Rent
$31,000
Utilities
$6,248

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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