Crossroads Infiniti South, Inc.

$487,088 PPP Loan in Apex, North Carolina

Loan Details

Loan Number
7055107206
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$487,088
Current Approval
$487,088
Forgiveness Amount
$494,191
Forgiveness Date
Oct 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Crossroads Infiniti South, Inc.
Address
1900 Laura Duncan Rd
City
Apex
ZIP Code
27523-6421
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Infiniti Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
46
Estimated Revenue
$11.6M
Rural/Urban
Urban
Congressional District
NC-13

Loan Use Breakdown

Payroll
$389,670
Rent
$90,000
Utilities
$7,418

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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