PPP Loan information for Covert ford austin, inc

$2,302,152

Covert ford austin, inc was initially approved for PPP Loan of amount $2,302,152, the current approved amount is $2,302,152. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 166 jobs and $2,302,152 was used to fund payroll.

Covert ford austin, inc is Existing or more than 2 years old

PPP Loan Search / TX / Austin / Covert ford austin, inc

COVERT FORD AUSTIN, INC

Date Approved

04/09/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

COVERT FORD AUSTIN, INC

Borrower Address

11514 Research Blvd 0.0

Borrower City

Austin

Borrower State

TX

Borrower Zip

78759-4036

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2302152.00

Current Approval Amount

2302152.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Austin

Project County Name

TRAVIS

Project State

TX

Project Zip

78759-4036

CD

TX-37

Jobs Reported

166

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

21000.00

Payroll Proceed

1841722.00

Mortgage Interest Proceed

219334.00

Rent Proceed

133331.00

Refinance EIDL Proceed

0.00

Health Care Proceed

86765.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2328849.29

Forgiveness Date

06/11/2021

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