BOUGHTON HOTEL CORP (ME) - 2020 PPP Loan Borrower Profile (# 8121768510)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BOUGHTON HOTEL CORP. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Maine.

Loan Detail

Loan Number

8121768510

SBA Office Code

0172

Processing Method

PPS

Curent Loan Amount

$926,362

Date Loan was Approved

Mar 9, 2021

Amount Forgiven

$936,463.15

Date Loan was Forgiven

Apr 14, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

926,360

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Corporation

NAICS

721110

Borrower Location

Kennebunkport, ME

Project Location

Kennebunkport, ME

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

125

Business Age Description

Existing or more than 2 years old

Data Source: SBA.