Covington Aircraft Engines, Inc.

$1,693,641 PPP Loan in Okmulgee, Oklahoma

Loan Details

Loan Number
2207417104
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,693,641
Current Approval
$1,693,641
Forgiveness Amount
$1,709,684
Forgiveness Date
Mar 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Covington Aircraft Engines, Inc.
Address
12900 Smith Rd
ZIP Code
74447-6573
Business Type
Corporation
Industry (NAICS)
Manufacturing (336412)
Business Age
Existing or more than 2 years old
Jobs Reported
113
Estimated Revenue
$29.6M
Rural/Urban
Rural
Congressional District
OK-02

Loan Use Breakdown

Payroll
$1,448,413
Rent
$89,452
Utilities
$26,993
Health Care
$118,846
Debt Interest
$9,937

Lender Information

Servicing Lender
Solutions North Bank
Originating Lender
Solutions North Bank

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