Covert Auto, Inc.
$1,868,100 PPP Loan in Austin, Texas
Loan Details
- Loan Number
- 7242387008
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,868,100
- Current Approval
- $1,868,100
- Forgiveness Amount
- $1,889,545
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Covert Auto, Inc.
- Address
- 8107 Research Blvd
- City
- Austin
- State
- Texas
- ZIP Code
- 78758-8428
- 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
- 123
- Estimated Revenue
- $31.0M
- Rural/Urban
- Urban
- Congressional District
- TX-37
Loan Use Breakdown
- Payroll
- $1,868,100
Lender Information
- Servicing Lender
- Frost Bank
- Originating Lender
- Frost Bank
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