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Covington Machine and Welding

$428,542 PPP Loan in Annapolis, Maryland

Loan Details

Loan Number
5947918303
Date Approved
Jan 26, 2021
Loan Status
Paid in Full
Initial Approval
$428,542
Current Approval
$428,542
Forgiveness Amount
$431,477
Forgiveness Date
Oct 6, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Covington Machine and Welding
Address
2015 Renard Ct
City
Annapolis
State
Maryland
ZIP Code
21401-6713
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
31
Estimated Revenue
$7.6M
Rural/Urban
Urban
Congressional District
MD-03

Loan Use Breakdown

Payroll
$428,537
Utilities
$1

Lender Information

Servicing Lender
Wesbanco Bank, Inc.
Originating Lender
Wesbanco Bank, Inc.

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