PPP Loan information for Crossroads ford of wake forest, inc.

$994,229

Crossroads ford of wake forest, inc. was initially approved for PPP Loan of amount $994,229, the current approved amount is $994,229. The loan was approved on 04/15/2020 by The First Horizon Bank reported 86 jobs and $994,229 was used to fund payroll.

Crossroads ford of wake forest, inc. is Existing or more than 2 years old

PPP Loan Search / NC / WAKE FOREST / Crossroads ford of wake forest, inc.

CROSSROADS FORD OF WAKE FOREST, INC.

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CROSSROADS FORD OF WAKE FOREST, INC.

Borrower Address

10101 CAPITAL BLVD

Borrower City

WAKE FOREST

Borrower State

NC

Borrower Zip

27587-7788

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

994229.00

Current Approval Amount

994229.00

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

WAKE FOREST

Project County Name

WAKE

Project State

NC

Project Zip

27587-7788

CD

NC-02

Jobs Reported

86

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

28845.00

Payroll Proceed

795384.00

Mortgage Interest Proceed

0.00

Rent Proceed

170000.00

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

1008811.03

Forgiveness Date

10/18/2021

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