Crossroads Ford of Kernersville, INC
$680,717 PPP Loan in Kernersville, North Carolina
Loan Details
- Loan Number
- 7182157202
- Date Approved
- Apr 28, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $680,717
- Current Approval
- $680,717
- Forgiveness Amount
- $690,625
- Forgiveness Date
- Oct 18, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Crossroads Ford of Kernersville, INC
- Address
- 1330 Nc Highway 66 S
- City
- Kernersville
- State
- North Carolina
- ZIP Code
- 27284-3539
- 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
- 74
- Estimated Revenue
- $18.6M
- Rural/Urban
- Urban
- Congressional District
- NC-06
Loan Use Breakdown
- Payroll
- $544,574
- Rent
- $110,000
- Utilities
- $26,143
Lender Information
- Servicing Lender
- First Horizon Bank
- Originating Lender
- First Horizon Bank
Other PPP Loans in Kernersville, NC
| Business | Approved | |
|---|---|---|
| Ridge Care Senior Living, INC | $4,966,700 | |
| Bsg Holdings, Inc. | $2,966,128 | |
| Kernersville Chrysler Dodge LLC | $2,412,600 | |
| Aar of North Carolina INC | $2,112,000 | |
| Parks Chevrolet, Inc. | $1,974,075 |
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