Crossroads Ford of Henderson, Inc.

$258,587 PPP Loan in Henderson, North Carolina

Loan Details

Loan Number
7436137208
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$258,587
Current Approval
$258,587
Forgiveness Amount
$262,351
Forgiveness Date
Oct 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Crossroads Ford of Henderson, Inc.
Address
1675 Dabney Dr
ZIP Code
27536-3493
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
36
Estimated Revenue
$9.1M
Rural/Urban
Rural
Congressional District
NC-01

Loan Use Breakdown

Payroll
$206,870
Rent
$40,000
Utilities
$11,717

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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