PPP Loan information for Covington automotive repair service

$65,116

Covington automotive repair service was initially approved for PPP Loan of amount $65,116, the current approved amount is $65,116. The loan was approved on 04/15/2020 by The United Bank reported 5 jobs and $65,116 was used to fund payroll.

Covington automotive repair service is Existing or more than 2 years old

COVINGTON AUTOMOTIVE REPAIR SERVICE

Date Approved

04/15/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

COVINGTON AUTOMOTIVE REPAIR SERVICE

Borrower Address

7125 Washington Street SW

Borrower City

Covington

Borrower State

GA

Borrower Zip

30014-2705

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

65116.00

Current Approval Amount

65116.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19839

Servicing Lender Name

United Bank

Servicing Lender Address

420 Griffin St

Servicing Lender City

ZEBULON

Servicing Lender State

GA

Servicing Lender Zip

30295-6687

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Covington

Project County Name

NEWTON

Project State

GA

Project Zip

30014-2705

CD

GA-04

Jobs Reported

5

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10139.00

Payroll Proceed

48837.00

Mortgage Interest Proceed

6140.00

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

19839

Originating Lender

United Bank

Originating Lender City

ZEBULON

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

60513.43

Forgiveness Date

12/16/2020

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