Crossroads Ford Lincoln of Southern Pines, Inc.
$540,889 PPP Loan in Southern Pines, North Carolina
Loan Details
- Loan Number
- 7428317203
- Date Approved
- Apr 28, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $540,889
- Current Approval
- $540,889
- Forgiveness Amount
- $548,777
- Forgiveness Date
- Oct 18, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Crossroads Ford Lincoln of Southern Pines, Inc.
- Address
- 1590 US 1 Hwy
- City
- Southern Pines
- State
- North Carolina
- ZIP Code
- 28387-7035
- 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
- 63
- Estimated Revenue
- $15.9M
- Rural/Urban
- Rural
- Congressional District
- NC-09
Loan Use Breakdown
- Payroll
- $432,712
- Rent
- $90,000
- Utilities
- $18,177
Lender Information
- Servicing Lender
- First Horizon Bank
- Originating Lender
- First Horizon Bank
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