# PPP loan: THE CROSS ROAD REST AND RETIREMENT CENTER INC.
> **$611K** approved 04/28/2020 · Paid in Full · Loan `6822007208`
## Borrower
- **Name:** THE CROSS ROAD REST AND RETIREMENT CENTER INC.
- **Address:** 1302 Old Cox Rd., Asheboro, NC, 27205
- **NAICS:** 623110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $611K
- **Initial approval:** $611K
- **Forgiven:** $614K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $611K
- **Jobs reported:** 120
## Lender
- **Originating:** The Fidelity Bank
- **Servicing:** The Fidelity Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*