PPP Loan information for Crossroads infiniti, inc

$521,143

Crossroads infiniti, inc was initially approved for PPP Loan of amount $521,143, the current approved amount is $521,143. The loan was approved on 04/28/2020 by The First Horizon Bank reported 53 jobs and $521,143 was used to fund payroll.

Crossroads infiniti, inc is Existing or more than 2 years old

PPP Loan Search / NC / RALEIGH / Crossroads infiniti, inc

CROSSROADS INFINITI, INC

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CROSSROADS INFINITI, INC

Borrower Address

3910 CAPITAL HILLS DR

Borrower City

RALEIGH

Borrower State

NC

Borrower Zip

27616-0002

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

521143.00

Current Approval Amount

521143.00

Undisbursed Amount

0.00

Franchise Name

Infiniti Dealer Sales and Service Agreement

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RALEIGH

Project County Name

WAKE

Project State

NC

Project Zip

27616-0002

CD

NC-02

Jobs Reported

53

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4229.00

Payroll Proceed

416914.00

Mortgage Interest Proceed

0.00

Rent Proceed

100000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

528728.53

Forgiveness Date

10/18/2021

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