# PPP loan: SONIC UNION INC
> **$540K** approved 04/28/2020 · Paid in Full · Loan `6987107201`
## Borrower
- **Name:** SONIC UNION INC
- **Address:** 19 UNION SQUARE W 8TH FLR., NEW YORK, NY, 10003
- **NAICS:** 512110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $540K
- **Initial approval:** $540K
- **Forgiven:** $543K (100%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $540K
- **Jobs reported:** 36
## Lender
- **Originating:** Signature Bank
- **Servicing:** Signature Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*