Crossroads Ford of Fuquay-Varina, INC

$621,602 PPP Loan in Fuquay Varina, North Carolina

Loan Details

Loan Number
7668687208
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$621,602
Current Approval
$621,602
Forgiveness Amount
$630,650
Forgiveness Date
Oct 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Crossroads Ford of Fuquay-Varina, INC
Address
3217 N Main St
ZIP Code
27526-8570
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
52
Estimated Revenue
$13.1M
Rural/Urban
Urban
Congressional District
NC-13

Loan Use Breakdown

Payroll
$497,282
Rent
$120,000
Utilities
$4,320

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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