Covert Chevrolet of Hutto, INC

$1,192,644 PPP Loan in Hutto, Texas

Loan Details

Loan Number
3452417102
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$1,192,644
Current Approval
$1,192,644
Forgiveness Amount
$1,206,377
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Covert Chevrolet of Hutto, INC
Address
1200 B Hwy 79 E 0.0
City
Hutto
State
Texas
ZIP Code
78634-5699
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
92
Estimated Revenue
$23.2M
Rural/Urban
Urban
Congressional District
TX-31

Loan Use Breakdown

Payroll
$954,115
Rent
$85,000
Utilities
$20,000
Health Care
$51,269
Mortgage Interest
$82,260

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

Other PPP Loans in Hutto, TX

BusinessApproved
Brymer Communication Services, LLC$1,451,900NewBizBotResearch
Alpha Painting & Decorating Co$1,117,400NewBizBotResearch
Covert Ford of Hutto, INC$1,071,384NewBizBotResearch
Bobby Castle Construction of Tippah Co. INC$902,500NewBizBotResearch
Mesh INC$803,507NewBizBotResearch

Want to research this company further?

Try NewBizBot free