# PPP loan: SONIC MANUFACTURING COMPANY, INC.
> **$200K** approved 04/14/2020 · Paid in Full · Loan `7650357107`
## Borrower
- **Name:** SONIC MANUFACTURING COMPANY, INC.
- **Address:** 35 SAGAMORE PARK RD, HUDSON, NH, 03051-4915
- **NAICS:** 334419
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $141K
- **Rent:** $24K
- **Mortgage interest:** $22K
- **Utilities:** $8K
- **Health care:** $6K
- **Jobs reported:** 22
## Lender
- **Originating:** The Lowell Five Cent Savings Bank
- **Servicing:** The Lowell Five Cent Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*