PPP Loan information for Crossroads ford of henderson, inc.

$258,587

Crossroads ford of henderson, inc. was initially approved for PPP Loan of amount $258,587, the current approved amount is $258,587. The loan was approved on 04/28/2020 by The First Horizon Bank reported 36 jobs and $258,587 was used to fund payroll.

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

PPP Loan Search / NC / HENDERSON / Crossroads ford of henderson, inc.

CROSSROADS FORD OF HENDERSON, INC.

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CROSSROADS FORD OF HENDERSON, INC.

Borrower Address

1675 DABNEY DR

Borrower City

HENDERSON

Borrower State

NC

Borrower Zip

27536-3493

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

258587.00

Current Approval Amount

258587.00

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

HENDERSON

Project County Name

VANCE

Project State

NC

Project Zip

27536-3493

CD

NC-01

Jobs Reported

36

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11717.00

Payroll Proceed

206870.00

Mortgage Interest Proceed

0.00

Rent Proceed

40000.00

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

262350.88

Forgiveness Date

10/18/2021

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