# PPP loan: COVELER & PEELER, P.C.
> **$196K** approved 05/01/2020 · Paid in Full · Loan `2254877704`
## Borrower
- **Name:** COVELER & PEELER, P.C.
- **Address:** 820 GESSNER SUITE 1710, HOUSTON, TX, 77024
- **NAICS:** —
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $196K
- **Initial approval:** $196K
- **Forgiven:** $198K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $167K
- **Rent:** $29K
- **Jobs reported:** 8
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*