# PPP loan: BOYCE IRON AND STEEL INCORPORATED
> **$275K** approved 04/05/2020 · Paid in Full · Loan `5336547010`
## Borrower
- **Name:** BOYCE IRON AND STEEL INCORPORATED
- **Address:** 13772 CAMINO REAL, NIEDERWALD, TX, 78640-4806
- **NAICS:** 238390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $275K
- **Initial approval:** $275K
- **Forgiven:** $277K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $228K
- **Rent:** $33K
- **Utilities:** $5K
- **Health care:** $9K
- **Jobs reported:** 14
## Lender
- **Originating:** First United Bank and Trust Company
- **Servicing:** First United Bank and Trust Company (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*