# PPP loan: BOONE TOWING, INC.
> **$787K** approved 04/08/2020 · Paid in Full · Loan `8460687007`
## Borrower
- **Name:** BOONE TOWING, INC.
- **Address:** PO BOX 367, CHANNELVIEW, TX, 77530-0367
- **NAICS:** 483111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $787K
- **Initial approval:** $787K
- **Forgiven:** $795K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $787K
- **Jobs reported:** 44
## Lender
- **Originating:** SouthTrust Bank, National Association
- **Servicing:** SouthTrust Bank, National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*