I would triple check the diagrams and videos first. Look closely to make sure the drive belt is not on the outside of any of the guides. I did that once on a 318 and shredded the brand new belt before I realized what was going on.
Next step would be to remove the drive belt from the engine PTO pulley.
Engage the PTO witout a belt installed. Should be no noise and the engine shouldn't bog down. Just doing that to ensure the PTO is not an issue.
As suggested above, try turning every spindle and pulley by hand. If one is locked up you will need to replace it.
If everything turns freely, completely remove the drivebelt and reinstall. I recommend completely removing it because there is a chance there is a small detail you missed the first and second time around and you will catch on this install and your problems will go away.
Please let us know what the outcome is, even if it is slightly embarrassing. We have all made silly mistakes, we just don't always fess up.
Good luck
Doug in SW IA