PPP Loan information for Covington machine and welding

$428,542

Covington machine and welding was initially approved for PPP Loan of amount $428,542, the current approved amount is $428,542. The loan was approved on 01/26/2021 by The WesBanco Bank, Inc. reported 31 jobs and $428,542 was used to fund payroll.

Covington machine and welding is Existing or more than 2 years old

PPP Loan Search / MD / Annapolis / Covington machine and welding

COVINGTON MACHINE AND WELDING

Date Approved

01/26/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

COVINGTON MACHINE AND WELDING

Borrower Address

2015 Renard Ct

Borrower City

Annapolis

Borrower State

MD

Borrower Zip

21401-6713

Loan Status Date

11/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

428542.00

Current Approval Amount

428542.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75497

Servicing Lender Name

WesBanco Bank, Inc.

Servicing Lender Address

1 Bank Plz

Servicing Lender City

WHEELING

Servicing Lender State

WV

Servicing Lender Zip

26003-3543

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Annapolis

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21401-6713

CD

MD-03

Jobs Reported

31

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

428537.00

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

75497

Originating Lender

WesBanco Bank, Inc.

Originating Lender City

WHEELING

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

431477.22

Forgiveness Date

10/06/2021

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