PPP Loan information for Covington co inc

$668,200

Covington co inc was initially approved for PPP Loan of amount $668,200, the current approved amount is $668,200. The loan was approved on 04/15/2020 by The Gibsland Bank & Trust Company reported 39 jobs and $668,200 was used to fund payroll.

Covington co inc is Existing or more than 2 years old

COVINGTON CO INC

Date Approved

04/15/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

COVINGTON CO INC

Borrower Address

747 COVINGTON ROAD

Borrower City

HAUGHTON

Borrower State

LA

Borrower Zip

71037-9755

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

668200.00

Current Approval Amount

668200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28240

Servicing Lender Name

Gibsland Bank & Trust Company

Servicing Lender Address

1246 S 3rd St

Servicing Lender City

GIBSLAND

Servicing Lender State

LA

Servicing Lender Zip

71028-4301

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAUGHTON

Project County Name

BOSSIER

Project State

LA

Project Zip

71037-9755

CD

LA-04

Jobs Reported

39

NAICS Code

237120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

83525.00

Payroll Proceed

501150.00

Mortgage Interest Proceed

0.00

Rent Proceed

83525.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

28240

Originating Lender

Gibsland Bank & Trust Company

Originating Lender City

GIBSLAND

Originating Lender State

LA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

671861.37

Forgiveness Date

11/03/2020

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