PPP Loan information for Covington machine and welding inc

$670,247

Covington machine and welding inc was initially approved for PPP Loan of amount $670,248, the current approved amount is $670,247. The loan was approved on 04/27/2020 by The WesBanco Bank, Inc. reported 53 jobs and $670,247 was used to fund payroll.

Covington machine and welding inc is New Business or 2 years or less

PPP Loan Search / MD / ANNAPOLIS / Covington machine and welding inc

COVINGTON MACHINE AND WELDING INC

Date Approved

04/27/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

COVINGTON MACHINE AND WELDING INC

Borrower Address

2015 RENARD CT

Borrower City

ANNAPOLIS

Borrower State

MD

Borrower Zip

21401

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

670247.50

Current Approval Amount

670247.00

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

New Business or 2 years or less

Project City

ANNAPOLIS

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21401-0001

CD

MD-03

Jobs Reported

53

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

670247.00

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

678106.33

Forgiveness Date

07/08/2021

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