BOYNES TRUCKING SYSTEM INC (VI) - 2020 PPP Loan Borrower Profile (# 8870017400)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to BOYNES TRUCKING SYSTEM INC. 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 US Virgin Islands.
Loan Detail
Loan Number
8870017400
SBA Office Code
0252
Processing Method
PPP
Curent Loan Amount
$63,800
Date Loan was Approved
May 19, 2020
Amount Forgiven
$64,326.35
Date Loan was Forgiven
Mar 16, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
63,800
Lender
Merchants Commercial Bank
Business Detail
Business Type
Corporation
NAICS
484110
Borrower Location
St Thomas, VI
Project Location
St Thomas, VI
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
6
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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