BOYD ELECTRIC, LLC (IN) - 2020 PPP Loan Borrower Profile (# 4763417006)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BOYD ELECTRIC, LLC. 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

4763417006

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$235,000

Date Loan was Approved

Apr 4, 2020

Amount Forgiven

$236,351.25

Date Loan was Forgiven

Nov 3, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

18,800

Payroll Proced

180,950

Rent Proceed

16,450

Health Care Proceed

18,800

Lender

The First National Bank of Carmi

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

238210

Borrower Location

EVANSVILLE, IN

Project Location

EVANSVILLE, IN

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.