# PPP loan: BOYD, POWERS & WILLIAMSON
> **$177K** approved 04/06/2020 · Paid in Full · Loan `6403697004`
## Borrower
- **Name:** BOYD, POWERS & WILLIAMSON
- **Address:** 105 N State Street, Decatur, TX, 76234-1432
- **NAICS:** 541110
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $178K (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $165K
- **Mortgage interest:** $2K
- **Utilities:** $3K
- **Health care:** $8K
- **Jobs reported:** 10
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*