PPP Loan information for Crossroads ford of sanford, inc.

$504,898

Crossroads ford of sanford, inc. was initially approved for PPP Loan of amount $504,898, the current approved amount is $504,898. The loan was approved on 04/28/2020 by The First Horizon Bank reported 48 jobs and $504,898 was used to fund payroll.

Crossroads ford of sanford, inc. is Unanswered

PPP Loan Search / NC / SANFORD / Crossroads ford of sanford, inc.

CROSSROADS FORD OF SANFORD, INC.

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CROSSROADS FORD OF SANFORD, INC.

Borrower Address

3251 NC 87

Borrower City

SANFORD

Borrower State

NC

Borrower Zip

27332-9627

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

504898.00

Current Approval Amount

504898.00

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

Unanswered

Project City

SANFORD

Project County Name

LEE

Project State

NC

Project Zip

27332-9627

CD

NC-09

Jobs Reported

48

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

26980.00

Payroll Proceed

403918.00

Mortgage Interest Proceed

0.00

Rent Proceed

74000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

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

512261.10

Forgiveness Date

10/18/2021

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