# PPP loan: CROSSROADS INFINITI, INC
> **$521K** approved 04/28/2020 · Paid in Full · Loan `7110257209`
## Borrower
- **Name:** CROSSROADS INFINITI, INC
- **Address:** 3910 CAPITAL HILLS DR, RALEIGH, NC, 27616-0002
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $521K
- **Initial approval:** $521K
- **Forgiven:** $529K (101%)
- **Forgiveness date:** 10/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $417K
- **Rent:** $100K
- **Utilities:** $4K
- **Jobs reported:** 53
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*