Crossroads Ford of Wake Forest, Inc.
$994,229 PPP Loan in Wake Forest, North Carolina
Loan Details
- Loan Number
- 1106987205
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $994,229
- Current Approval
- $994,229
- Forgiveness Amount
- $1,008,811
- Forgiveness Date
- Oct 18, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Crossroads Ford of Wake Forest, Inc.
- Address
- 10101 Capital Blvd
- City
- Wake Forest
- State
- North Carolina
- ZIP Code
- 27587-7788
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Ford Motor Company Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 86
- Estimated Revenue
- $21.7M
- Rural/Urban
- Urban
- Congressional District
- NC-02
Loan Use Breakdown
- Payroll
- $795,384
- Rent
- $170,000
- Utilities
- $28,845
Lender Information
- Servicing Lender
- First Horizon Bank
- Originating Lender
- First Horizon Bank
Other PPP Loans in Wake Forest, NC
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|---|---|---|
| Southeastern Baptist Theological Seminary INC | $3,509,900 |  Research |
| Capital Chevrolet, Inc. | $1,829,501 | Research |
| Southern Lithoplate INC | $1,265,248 | Research |
| Hillside Nursing Center of Wake Forest I | $1,236,100 | Research |
| Moffat Pipe INC | $982,000 | Research |
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