PPP Loan information for Crossroads infiniti south, inc.

$487,088

Crossroads infiniti south, inc. was initially approved for PPP Loan of amount $487,088, the current approved amount is $487,088. The loan was approved on 04/28/2020 by The First Horizon Bank reported 46 jobs and $487,088 was used to fund payroll.

Crossroads infiniti south, inc. is Existing or more than 2 years old

CROSSROADS INFINITI SOUTH, INC.

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CROSSROADS INFINITI SOUTH, INC.

Borrower Address

1900 LAURA DUNCAN RD

Borrower City

APEX

Borrower State

NC

Borrower Zip

27523-6421

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

487088.00

Current Approval Amount

487088.00

Undisbursed Amount

0.00

Franchise Name

Infiniti 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

APEX

Project County Name

WAKE

Project State

NC

Project Zip

27523-6421

CD

NC-13

Jobs Reported

46

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7418.00

Payroll Proceed

389670.00

Mortgage Interest Proceed

0.00

Rent Proceed

90000.00

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

494191.37

Forgiveness Date

10/18/2021

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