# PPP loan: COVINGTON AIRCRAFT ENGINES, INC.
> **$1.69M** approved 04/10/2020 · Paid in Full · Loan `2207417104`
## Borrower
- **Name:** COVINGTON AIRCRAFT ENGINES, INC.
- **Address:** 12900 Smith Rd, OKMULGEE, OK, 74447-6573
- **NAICS:** 336412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.69M
- **Initial approval:** $1.69M
- **Forgiven:** $1.71M (101%)
- **Forgiveness date:** 03/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.45M
- **Rent:** $89K
- **Utilities:** $27K
- **Health care:** $119K
- **Debt interest:** $10K
- **Jobs reported:** 113
## Lender
- **Originating:** Solutions North Bank
- **Servicing:** Solutions North Bank (KS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*