PPP Loan information for Covington's convalescent center inc.

$486,238

Covington's convalescent center inc. was initially approved for PPP Loan of amount $486,238, the current approved amount is $486,238. The loan was approved on 03/12/2021 by The United Southern Bank reported 53 jobs and $486,238 was used to fund payroll.

Covington's convalescent center inc. is Existing or more than 2 years old

PPP Loan Search / KY / Hopkinsville / Covington's convalescent center inc.

COVINGTON'S CONVALESCENT CENTER INC.

Date Approved

03/12/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

COVINGTON'S CONVALESCENT CENTER INC.

Borrower Address

115 Cayce Ave

Borrower City

Hopkinsville

Borrower State

KY

Borrower Zip

42240-3019

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

486237.50

Current Approval Amount

486237.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27956

Servicing Lender Name

United Southern Bank

Servicing Lender Address

1813 E 9th St

Servicing Lender City

HOPKINSVILLE

Servicing Lender State

KY

Servicing Lender Zip

42240-4433

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hopkinsville

Project County Name

CHRISTIAN

Project State

KY

Project Zip

42240-3019

CD

KY-01

Jobs Reported

53

NAICS Code

623110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

486233.50

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

27956

Originating Lender

United Southern Bank

Originating Lender City

HOPKINSVILLE

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

489301.46

Forgiveness Date

11/05/2021

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