PPP Loan information for Covert industries

$223,685

Covert industries was initially approved for PPP Loan of amount $223,685, the current approved amount is $223,685. The loan was approved on 02/26/2021 by The PNC Bank, National Association reported 15 jobs and $223,685 was used to fund payroll.

Covert industries is Existing or more than 2 years old

COVERT INDUSTRIES

Date Approved

02/26/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

COVERT INDUSTRIES

Borrower Address

611 3rd Ave SW 611 3rd Ave Sw

Borrower City

Carmel

Borrower State

IN

Borrower Zip

46032-2083

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

223685.00

Current Approval Amount

223685.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Carmel

Project County Name

HAMILTON

Project State

IN

Project Zip

46032-2083

CD

IN-05

Jobs Reported

15

NAICS Code

337127

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

223685.00

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

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

225300.50

Forgiveness Date

11/18/2021

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