PPP Loan information for Covenant village, inc.

$1,578,700

Covenant village, inc. was initially approved for PPP Loan of amount $1,578,700, the current approved amount is $1,578,700. The loan was approved on 04/30/2020 by The Truist Bank reported 250 jobs and $1,578,700 was used to fund payroll.

Covenant village, inc. is Existing or more than 2 years old

COVENANT VILLAGE, INC.

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

COVENANT VILLAGE, INC.

Borrower Address

1351 ROBINWOOD RD

Borrower City

GASTONIA

Borrower State

NC

Borrower Zip

28054-1693

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1578700.00

Current Approval Amount

1578700.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

GASTONIA

Project County Name

GASTON

Project State

NC

Project Zip

28054-1693

CD

NC-14

Jobs Reported

250

NAICS Code

623311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1578700.00

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

Non-Profit Organization

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1593346.83

Forgiveness Date

04/13/2021

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