PPP Loan information for Boughton hotel inc

$352,500

Boughton hotel inc was initially approved for PPP Loan of amount $352,500, the current approved amount is $352,500. The loan was approved on 04/09/2020 by The Truist Bank reported 38 jobs and $352,500 was used to fund payroll.

Boughton hotel inc is Existing or more than 2 years old

PPP Loan Search / FL / DELRAY BEACH / Boughton hotel inc

BOUGHTON HOTEL INC

Date Approved

04/09/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

BOUGHTON HOTEL INC

Borrower Address

525 ATLANTIC AVE

Borrower City

DELRAY BEACH

Borrower State

FL

Borrower Zip

33483-5323

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

352500.00

Current Approval Amount

352500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DELRAY BEACH

Project County Name

PALM BEACH

Project State

FL

Project Zip

33483-5323

CD

FL-22

Jobs Reported

38

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

352500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

354595.42

Forgiveness Date

12/22/2020

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