PPP Loan information for Covan's insulation company, inc

$358,800

Covan's insulation company, inc was initially approved for PPP Loan of amount $358,500, the current approved amount is $358,800. The loan was approved on 04/15/2020 by The United Community Bank reported 25 jobs and $358,800 was used to fund payroll.

Covan's insulation company, inc is Existing or more than 2 years old

PPP Loan Search / SC / HONEA PATH / Covan's insulation company, inc

COVAN'S INSULATION COMPANY, INC

Date Approved

04/15/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

COVAN'S INSULATION COMPANY, INC

Borrower Address

1699 Legion Lake Rd

Borrower City

HONEA PATH

Borrower State

SC

Borrower Zip

29654

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

358500.00

Current Approval Amount

358800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HONEA PATH

Project County Name

ANDERSON

Project State

SC

Project Zip

29654-0001

CD

SC-03

Jobs Reported

25

NAICS Code

238290

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

358800.00

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

Subchapter S Corporation

Originating Lender Location Id

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

361640.91

Forgiveness Date

02/19/2021

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