PPP Loan information for Crossroads ford lincoln of lumberton, inc

$523,094

Crossroads ford lincoln of lumberton, inc was initially approved for PPP Loan of amount $523,094, the current approved amount is $523,094. The loan was approved on 04/28/2020 by The First Horizon Bank reported 59 jobs and $523,094 was used to fund payroll.

Crossroads ford lincoln of lumberton, inc is Existing or more than 2 years old

CROSSROADS FORD LINCOLN OF LUMBERTON, INC

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CROSSROADS FORD LINCOLN OF LUMBERTON, INC

Borrower Address

5045 DAWN DR

Borrower City

LUMBERTON

Borrower State

NC

Borrower Zip

28360-8209

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

523094.00

Current Approval Amount

523094.00

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

LUMBERTON

Project County Name

ROBESON

Project State

NC

Project Zip

28360-8209

CD

NC-07

Jobs Reported

59

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

26618.00

Payroll Proceed

418476.00

Mortgage Interest Proceed

0.00

Rent Proceed

78000.00

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

530707.92

Forgiveness Date

10/18/2021

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