PPP Loan information for Crossroads ford of south boston, inc

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CROSSROADS FORD OF SOUTH BOSTON, INC

Borrower Address

1011 COMMERCE LN

Borrower City

SOUTH BOSTON

Borrower State

VA

Borrower Zip

24592-6881

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

247326.00

Current Approval Amount

247326.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTH BOSTON

Project County Name

HALIFAX

Project State

VA

Project Zip

24592-6881

CD

VA-05

Jobs Reported

33

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5466.00

Payroll Proceed

197860.00

Mortgage Interest Proceed

0.00

Rent Proceed

44000.00

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

250932.84

Forgiveness Date

10/18/2021