# PPP loan: COVEY HOLDINGS, INC
> **$338K** approved 05/01/2020 · Paid in Full · Loan `3471597704`
## Borrower
- **Name:** COVEY HOLDINGS, INC
- **Address:** 2941 Sunrise Boulevard, Rancho Cordova, CA, 95742
- **NAICS:** 551112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $338K
- **Initial approval:** $338K
- **Forgiven:** $342K (101%)
- **Forgiveness date:** 07/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $253K
- **Rent:** $84K
- **Jobs reported:** 21
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*