PPP Loan information for Covington car company inc

$35,960

Covington car company inc was initially approved for PPP Loan of amount $35,960, the current approved amount is $35,960. The loan was approved on 05/14/2020 by The Truist Bank reported 3 jobs and $35,960 was used to fund payroll.

Covington car company inc is New Business or 2 years or less

PPP Loan Search / VA / COVINGTON / Covington car company inc

COVINGTON CAR COMPANY INC

Date Approved

05/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

COVINGTON CAR COMPANY INC

Borrower Address

1440 S Durant Rd

Borrower City

COVINGTON

Borrower State

VA

Borrower Zip

24426-2231

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

35960.00

Current Approval Amount

35960.00

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

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

COVINGTON

Project County Name

COVINGTON CITY

Project State

VA

Project Zip

24426-2231

CD

VA-06

Jobs Reported

3

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

35960.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

36216.71

Forgiveness Date

02/10/2021

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