Date Approved
04/28/2020
SBA Office Code
0460
Processing Method
PPP
Borrower Name
CROSSROADS NISSAN, INC
Borrower Address
11120 CAPITAL BLVD
Borrower City
WAKE FOREST
Borrower State
NC
Borrower Zip
27587-4513
Loan Status Date
11/16/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
694953.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Nissan North America, Inc. - 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
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WAKE
Project State
Project Zip
CD
NC-02
Jobs Reported
64
NAICS Code
441110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
555962.00
Mortgage Interest Proceed
138991.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
705087.73
Forgiveness Date
10/18/2021