Date Approved
04/27/2020
SBA Office Code
0405
Processing Method
PPP
Borrower Name
COVINGTON FORD INC
Borrower Address
9101 DR M L KING JR AVE
Borrower City
COVINGTON
Borrower State
GA
Borrower Zip
30014-8701
Loan Status Date
01/07/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
407115.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
19592
Servicing Lender Name
Bank of Monticello
Servicing Lender Address
141 E Greene St
Servicing Lender City
MONTICELLO
Servicing Lender State
Servicing Lender Zip
31064-1007
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
NEWTON
Project State
Project Zip
CD
GA-04
Jobs Reported
35
NAICS Code
441110
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
25000.00
Payroll Proceed
350000.00
Mortgage Interest Proceed
Rent Proceed
14115.00
Refinance EIDL Proceed
Health Care Proceed
18000.00
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
409614.23
Forgiveness Date
12/08/2020