Covanex INC

$569,200 PPP Loan in Corning, New York

Loan Details

Loan Number
9357247109
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$569,200
Current Approval
$569,200
Forgiveness Amount
$575,609
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Covanex INC
Address
114 Columbia Street
ZIP Code
14830
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541511)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
NY-23

Loan Use Breakdown

Payroll
$517,970
Rent
$21,667
Utilities
$5,365
Health Care
$24,198

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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