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Covert Chevrolet, Inc.

$1,690,500 PPP Loan in Bastrop, Texas

Loan Details

Loan Number
9688627110
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,690,500
Current Approval
$1,690,500
Forgiveness Amount
$1,707,312
Forgiveness Date
Apr 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Covert Chevrolet, Inc.
Address
702 Hwy 71 West
City
Bastrop
State
Texas
ZIP Code
78602
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
124
Estimated Revenue
$31.2M
Rural/Urban
Rural
Congressional District
TX-27

Loan Use Breakdown

Payroll
$1,690,498
Rent
$1
Utilities
$1

Lender Information

Servicing Lender
The First National Bank of Bastrop
Originating Lender
The First National Bank of Bastrop

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