PPP Loan information for Covalent active wear llc

$38,776

Covalent active wear llc was initially approved for PPP Loan of amount $38,776, the current approved amount is $38,776. The loan was approved on 03/20/2021 by The Truist Bank reported 4 jobs and $38,776 was used to fund payroll.

Covalent active wear llc is Existing or more than 2 years old

COVALENT ACTIVE WEAR LLC

Date Approved

03/20/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

COVALENT ACTIVE WEAR LLC

Borrower Address

7190 Oakland Mills Rd Ste 5

Borrower City

Columbia

Borrower State

MD

Borrower Zip

21046-1393

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

38776.29

Current Approval Amount

38776.29

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Columbia

Project County Name

HOWARD

Project State

MD

Project Zip

21046-1393

CD

MD-03

Jobs Reported

4

NAICS Code

448140

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

38773.29

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

39005.72

Forgiveness Date

10/22/2021

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