PPP Loan information for Crossroads ford of indian trail, inc

$1,166,050

Crossroads ford of indian trail, inc was initially approved for PPP Loan of amount $1,166,050, the current approved amount is $1,166,050. The loan was approved on 04/28/2020 by The First Horizon Bank reported 114 jobs and $1,166,050 was used to fund payroll.

Crossroads ford of indian trail, inc is Existing or more than 2 years old

PPP Loan Search / NC / MONROE / Crossroads ford of indian trail, inc

CROSSROADS FORD OF INDIAN TRAIL, INC

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CROSSROADS FORD OF INDIAN TRAIL, INC

Borrower Address

88 DALE JARRETT BLVD

Borrower City

MONROE

Borrower State

NC

Borrower Zip

28110-8587

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1166050.00

Current Approval Amount

1166050.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONROE

Project County Name

UNION

Project State

NC

Project Zip

28110-8587

CD

NC-08

Jobs Reported

114

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

43210.00

Payroll Proceed

932840.00

Mortgage Interest Proceed

0.00

Rent Proceed

190000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1183054.90

Forgiveness Date

10/18/2021

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