Covert Buick, Inc.
$4,309,500 PPP Loan in Austin, Texas
Loan Details
- Loan Number
- 7126317001
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $4,309,500
- Current Approval
- $4,309,500
- Forgiveness Amount
- $4,358,971
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Covert Buick, Inc.
- Address
- 11750 Research Blvd
- City
- Austin
- State
- Texas
- ZIP Code
- 78759-2446
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 291
- Estimated Revenue
- $73.3M
- Rural/Urban
- Urban
- Congressional District
- TX-37
Loan Use Breakdown
- Payroll
- $4,309,500
Lender Information
- Servicing Lender
- Frost Bank
- Originating Lender
- Frost Bank
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