Covert Ford Austin, INC
$2,302,152 PPP Loan in Austin, Texas
Loan Details
- Loan Number
- 9507907004
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,302,152
- Current Approval
- $2,302,152
- Forgiveness Amount
- $2,328,849
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Covert Ford Austin, INC
- Address
- 11514 Research Blvd 0.0
- City
- Austin
- State
- Texas
- ZIP Code
- 78759-4036
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 166
- Estimated Revenue
- $41.8M
- Rural/Urban
- Urban
- Congressional District
- TX-37
Loan Use Breakdown
- Payroll
- $1,841,722
- Rent
- $133,331
- Utilities
- $21,000
- Health Care
- $86,765
- Mortgage Interest
- $219,334
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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