PPP Loan information for Covert electric machinery, inc

$103,800

Covert electric machinery, inc was initially approved for PPP Loan of amount $103,800, the current approved amount is $103,800. The loan was approved on 04/27/2020 by The Guaranty Bank reported 11 jobs and $103,800 was used to fund payroll.

Covert electric machinery, inc is Existing or more than 2 years old

PPP Loan Search / MO / JOPLIN / Covert electric machinery, inc

COVERT ELECTRIC MACHINERY, INC

Date Approved

04/27/2020

SBA Office Code

0721

Processing Method

PPP

Borrower Name

COVERT ELECTRIC MACHINERY, INC

Borrower Address

500 S. MICHIGAN AVE PO Box 579

Borrower City

JOPLIN

Borrower State

MO

Borrower Zip

64801-2036

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

103800.00

Current Approval Amount

103800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

459652

Servicing Lender Name

Guaranty Bank

Servicing Lender Address

2006 S Glenstone Ave

Servicing Lender City

SPRINGFIELD

Servicing Lender State

MO

Servicing Lender Zip

65804-2428

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

JOPLIN

Project County Name

JASPER

Project State

MO

Project Zip

64801-2036

CD

MO-07

Jobs Reported

11

NAICS Code

333999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

103800.00

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

459652

Originating Lender

Guaranty Bank

Originating Lender City

SPRINGFIELD

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

104578.50

Forgiveness Date

02/01/2021

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