# PPP loan: CROSSROADS FORD OF FUQUAY-VARINA, INC
> **$622K** approved 04/28/2020 · Paid in Full · Loan `7668687208`
## Borrower
- **Name:** CROSSROADS FORD OF FUQUAY-VARINA, INC
- **Address:** 3217 N MAIN ST, FUQUAY VARINA, NC, 27526-8570
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $622K
- **Initial approval:** $622K
- **Forgiven:** $631K (101%)
- **Forgiveness date:** 10/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $497K
- **Rent:** $120K
- **Utilities:** $4K
- **Jobs reported:** 52
## 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*