# PPP loan: BOYD METALS OF TYLER, INC.
> **$175K** approved 04/08/2020 · Paid in Full · Loan `8475747004`
## Borrower
- **Name:** BOYD METALS OF TYLER, INC.
- **Address:** 8102 County Road 313 East, TYLER, TX, 75706-3903
- **NAICS:** 423510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $176K (101%)
- **Forgiveness date:** 11/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $132K
- **Rent:** $15K
- **Mortgage interest:** $15K
- **Utilities:** $15K
- **Jobs reported:** 17
## 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*