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
- City
- Fuquay Varina
- State
- North Carolina
- 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
Other PPP Loans in Fuquay Varina, NC
| Business | Approved | |
|---|---|---|
| Quality Equipment LLC | $6,177,200 | |
| Greenscape INC | $1,389,165 | |
| The Open Sky Group, LLC | $1,360,500 | |
| John Hiester Chevrolet LLC | $1,179,700 | |
| Myatt Landscaping Concepts INC | $927,600 |
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