# PPP loan: SONIC TOOLS, LP
> **$222K** approved 04/06/2020 · Paid in Full · Loan `5952027000`
## Borrower
- **Name:** SONIC TOOLS, LP
- **Address:** 10455 Dow Gil Road, ASHLAND, VA, 23005-7639
- **NAICS:** 333249
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $222K
- **Initial approval:** $222K
- **Forgiven:** $225K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $180K
- **Rent:** $8K
- **Utilities:** $13K
- **Health care:** $21K
- **Jobs reported:** 23
## Lender
- **Originating:** Blue Ridge Bank National Association
- **Servicing:** Blue Ridge Bank, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*