Ellis was born in Telluride, to John Ellis Osborne, and Lucille Lavender Osborne.

In January 1959, Loyd joined the U.S. Navy. He passed away in Wasilla, Alaska.

Loyd is survived by his sons, Luke of Cottonwood, Calif.. and Clay of Sacramento, Calif.; his sister Lou Ellis Kramer (Virgil), and brother Arthur Osborne (Barbara); grandchildren and several nieces, nephews and cousins.

The family suggestions memorial donations to the Church of Jesus Christ of Latter-day Saints.