# PPP loan: SONIC EAST, INC
> **$342K** approved 07/30/2020 · Paid in Full · Loan `1400338206`
## Borrower
- **Name:** SONIC EAST, INC
- **Address:** 1111 N NORTHSHORE DR, KNOXVILLE, TN, 37919-2800
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $342K
- **Initial approval:** $342K
- **Forgiven:** $344K (101%)
- **Forgiveness date:** 03/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $342K
- **Jobs reported:** 140
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (TN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*