PPP Loan information for Covalus, llc

$862,300

Covalus, llc was initially approved for PPP Loan of amount $740,700, the current approved amount is $862,300. The loan was approved on 04/05/2020 by The ServisFirst Bank reported 46 jobs and $862,300 was used to fund payroll.

Covalus, llc is Existing or more than 2 years old

COVALUS, LLC

Date Approved

04/05/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

COVALUS, LLC

Borrower Address

535 Marriott Drive Suite 625

Borrower City

NASHVILLE

Borrower State

TN

Borrower Zip

37214-5009

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

740700.00

Current Approval Amount

862300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NASHVILLE

Project County Name

DAVIDSON

Project State

TN

Project Zip

37214-5009

CD

TN-05

Jobs Reported

46

NAICS Code

541611

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

862300.00

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

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

871354.15

Forgiveness Date

04/27/2021

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