BOBBY HOYT (ND) - 2020 PPP Loan Borrower Profile (# 3634428309)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to BOBBY HOYT. 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 North Dakota.
Loan Detail
Loan Number
3634428309
SBA Office Code
0875
Processing Method
PPP
Curent Loan Amount
$20,832
Date Loan was Approved
Jan 22, 2021
Amount Forgiven
$20,928.06
Date Loan was Forgiven
Jul 13, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
20,830
Lender
Farmers & Merchants Bank of North Dakota
Business Detail
Business Type
Self-Employed Individuals
NAICS
112111
Borrower Location
McHenry, ND
Project Location
McHenry, ND
Rural/Urban
Rural
Hubzone
Yes
Labor Market Information (LMI)
No
Jobs Reported
1
Business Age Description
Existing or more than 2 years old
Data Source: SBA.