Crossroads Nissan, INC

$694,953 PPP Loan in Wake Forest, North Carolina

Loan Details

Loan Number
7050167203
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$694,953
Current Approval
$694,953
Forgiveness Amount
$705,088
Forgiveness Date
Oct 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Crossroads Nissan, INC
Address
11120 Capital Blvd
ZIP Code
27587-4513
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Nissan North America, Inc. - Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
64
Estimated Revenue
$16.1M
Rural/Urban
Urban
Congressional District
NC-02

Loan Use Breakdown

Payroll
$555,962
Mortgage Interest
$138,991

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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