New Boston Hotel, LP

$68,653 PPP Loan in New Boston, Texas

Loan Details

Loan Number
1843647110
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$68,653
Current Approval
$68,653
Forgiveness Amount
$69,248
Forgiveness Date
Feb 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
New Boston Hotel, LP
Address
1018 N Center St
State
Texas
ZIP Code
75570-2109
Business Type
Partnership
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Holiday Inn Express (license Agreement)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
TX-01

Loan Use Breakdown

Payroll
$61,788
Utilities
$2,060
Mortgage Interest
$4,806

Lender Information

Servicing Lender
Phelps County Bank
Originating Lender
Phelps County Bank

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