# PPP loan: MICHAEL COVIN
> **$231K** approved 02/07/2021 · Paid in Full · Loan `5115068403`
## Borrower
- **Name:** MICHAEL COVIN
- **Address:** 1624 W Katella Ave, Orange, CA, 92867-3413
- **NAICS:** 811122
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $231K
- **Initial approval:** $231K
- **Forgiven:** $232K (101%)
- **Forgiveness date:** 09/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $231K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** Mortgage Capital Development Corporation
- **Servicing:** Mortgage Capital Development Corporation (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*