BOYT HARNESS COMPANY, LLC (IA) - 2020 PPP Loan Borrower Profile (# 4356427001)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BOYT HARNESS COMPANY, 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 Iowa.

Loan Detail

Loan Number

4356427001

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$440,700

Date Loan was Approved

Apr 3, 2020

Amount Forgiven

$443,187.24

Date Loan was Forgiven

Nov 3, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

16,000

Payroll Proced

370,000

Mortgage Interest Proceed

14,000

Rent Proceed

7,000

Debt Interest Proceed

33,700

Lender

American State Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

339999

Borrower Location

OSCEOLA, IA

Project Location

OSCEOLA, IA

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.