# PPP loan: COVALENT RESOURCE GROUP
> **$230K** approved 05/06/2020 · Paid in Full · Loan `3018027405`
## Borrower
- **Name:** COVALENT RESOURCE GROUP
- **Address:** 100 Northbound Gratiot Ave Suite B, Mt. Clemens, MI, 48043
- **NAICS:** 541990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $230K
- **Initial approval:** $230K
- **Forgiven:** $232K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $230K
- **Jobs reported:** 24
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*