Boyt Harness Company, LLC

$477,300 PPP Loan in Osceola, Iowa

Loan Details

Loan Number
4356427001
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$477,300
Current Approval
$440,700
Forgiveness Amount
$443,187
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Boyt Harness Company, LLC
Address
1 Boyt Drive
State
Iowa
ZIP Code
50213-8145
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (339999)
Business Age
Existing or more than 2 years old
Jobs Reported
50
Estimated Revenue
$14.0M
Rural/Urban
Rural
Congressional District
IA-03

Loan Use Breakdown

Payroll
$370,000
Rent
$7,000
Utilities
$16,000
Mortgage Interest
$14,000
Debt Interest
$33,700

Lender Information

Servicing Lender
American State Bank
Originating Lender
American State Bank

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