PPP Loan information for Covert manufacturing inc.

$2,000,000

Covert manufacturing inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/23/2021 by The Westfield Bank, FSB reported 208 jobs and $2,000,000 was used to fund payroll.

Covert manufacturing inc. is Existing or more than 2 years old

PPP Loan Search / OH / Galion / Covert manufacturing inc.

COVERT MANUFACTURING INC.

Date Approved

01/23/2021

SBA Office Code

0593

Processing Method

PPS

Borrower Name

COVERT MANUFACTURING INC.

Borrower Address

328 S East St

Borrower City

Galion

Borrower State

OH

Borrower Zip

44833-2729

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

222943

Servicing Lender Name

Westfield Bank, FSB

Servicing Lender Address

Two Park Cir

Servicing Lender City

WESTFIELD CENTER

Servicing Lender State

OH

Servicing Lender Zip

44251

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Galion

Project County Name

CRAWFORD

Project State

OH

Project Zip

44833-2729

CD

OH-05

Jobs Reported

208

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

Corporation

Originating Lender Location Id

222943

Originating Lender

Westfield Bank, FSB

Originating Lender City

WESTFIELD CENTER

Originating Lender State

OH

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2008383.56

Forgiveness Date

07/13/2021

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