# PPP loan: SOUTH UNIVERSITY SONIC, LTD
> **$176K** approved 04/13/2020 · Paid in Full · Loan `5599327103`
## Borrower
- **Name:** SOUTH UNIVERSITY SONIC, LTD
- **Address:** 8010 UNIVERSITY AVENUE, LUBBOCK, TX, 79423-2203
- **NAICS:** 722513
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $176K
- **Initial approval:** $176K
- **Forgiven:** $177K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $176K
- **Jobs reported:** 55
## Lender
- **Originating:** American Bank of Commerce
- **Servicing:** American Bank of Commerce (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*