PPP Loan information for Covlet machine & design inc

$94,602

Covlet machine & design inc was initially approved for PPP Loan of amount $94,602, the current approved amount is $94,602. The loan was approved on 01/25/2021 by The Coastal Community Bank reported 8 jobs and $94,602 was used to fund payroll.

Covlet machine & design inc is Existing or more than 2 years old

COVLET MACHINE & DESIGN INC

Date Approved

01/25/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

COVLET MACHINE & DESIGN INC

Borrower Address

13115 41st Ave NE Unit 1

Borrower City

Marysville

Borrower State

WA

Borrower Zip

98271-7808

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

94602.00

Current Approval Amount

94602.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121424

Servicing Lender Name

Coastal Community Bank

Servicing Lender Address

5415 Evergreen Way

Servicing Lender City

EVERETT

Servicing Lender State

WA

Servicing Lender Zip

98203-3646

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Marysville

Project County Name

SNOHOMISH

Project State

WA

Project Zip

98271-7808

CD

WA-02

Jobs Reported

8

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

94598.00

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

121424

Originating Lender

Coastal Community Bank

Originating Lender City

EVERETT

Originating Lender State

WA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

94959.67

Forgiveness Date

06/15/2021

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