# PPP loan: SONIC DRIVE-IN MURFREESBORO TN #7 LLC
> **$160K** approved 04/09/2020 · Paid in Full · Loan `9163057004`
## Borrower
- **Name:** SONIC DRIVE-IN MURFREESBORO TN #7 LLC
- **Address:** 1129 FORTRESS BLVD, MURFREESBORO, TN, 37128-5268
- **NAICS:** 722513
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $128K
- **Rent:** $26K
- **Utilities:** $6K
- **Jobs reported:** 23
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*