Crossroads Ford of Dunn-Benson, Inc.

$345,416 PPP Loan in Dunn, North Carolina

Loan Details

Loan Number
8582327209
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$345,416
Current Approval
$345,416
Forgiveness Amount
$350,444
Forgiveness Date
Oct 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Crossroads Ford of Dunn-Benson, Inc.
Address
1700 W Cumberland St
City
Dunn
ZIP Code
28334-4510
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
45
Estimated Revenue
$11.3M
Rural/Urban
Rural
Congressional District
NC-13

Loan Use Breakdown

Payroll
$276,334
Rent
$65,000
Utilities
$4,082

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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