# PPP loan: BOYD METALS OF JOPLIN, INC.
> **$468K** approved 04/08/2020 · Paid in Full · Loan `8041247010`
## Borrower
- **Name:** BOYD METALS OF JOPLIN, INC.
- **Address:** 1027 Byers Ave, JOPLIN, MO, 64801-4309
- **NAICS:** 423510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $468K
- **Initial approval:** $468K
- **Forgiven:** $471K (101%)
- **Forgiveness date:** 11/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $351K
- **Rent:** $39K
- **Mortgage interest:** $39K
- **Utilities:** $39K
- **Jobs reported:** 41
## Lender
- **Originating:** The First National Bank of Fort Smith
- **Servicing:** The First National Bank of Fort Smith (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*