Crossroads Ford Lincoln of Lumberton, INC

$523,094 PPP Loan in Lumberton, North Carolina

Loan Details

Loan Number
7679077208
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$523,094
Current Approval
$523,094
Forgiveness Amount
$530,708
Forgiveness Date
Oct 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Crossroads Ford Lincoln of Lumberton, INC
Address
5045 Dawn Dr
ZIP Code
28360-8209
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
59
Estimated Revenue
$14.9M
Rural/Urban
Rural
Congressional District
NC-07

Loan Use Breakdown

Payroll
$418,476
Rent
$78,000
Utilities
$26,618

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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