# PPP loan: BOOTH, ERN, STRAUGHN & HIOTT, INC.
> **$494K** approved 04/06/2020 · Paid in Full · Loan `5985877004`
## Borrower
- **Name:** BOOTH, ERN, STRAUGHN & HIOTT, INC.
- **Address:** 902 SINCLAIR AVE, TAVARES, FL, 32778-2454
- **NAICS:** 541370
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $494K
- **Initial approval:** $494K
- **Forgiven:** $499K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $475K
- **Rent:** $14K
- **Utilities:** $5K
- **Jobs reported:** 35
## Lender
- **Originating:** The First National Bank of Mount Dora
- **Servicing:** The First National Bank of Mount Dora (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*