BOYD ASPHALT INC. (IN) - 2020 PPP Loan Borrower Profile (# 3011277200)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BOYD ASPHALT 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 Indiana.

Loan Detail

Loan Number

3011277200

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$157,925

Date Loan was Approved

Apr 16, 2020

Amount Forgiven

$158,965.37

Date Loan was Forgiven

Dec 16, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,000

Payroll Proced

132,325

Mortgage Interest Proceed

6,000

Rent Proceed

10,600

Health Care Proceed

7,000

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Cooperative

NAICS

238990

Borrower Location

VALPARAISO, IN

Project Location

VALPARAISO, IN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.