# PPP loan: COVINGTON MACHINE AND WELDING
> **$429K** approved 01/26/2021 · Paid in Full · Loan `5947918303`
## Borrower
- **Name:** COVINGTON MACHINE AND WELDING
- **Address:** 2015 Renard Ct, Annapolis, MD, 21401-6713
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $429K
- **Initial approval:** $429K
- **Forgiven:** $431K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $429K
- **Utilities:** $1
- **Jobs reported:** 31
## Lender
- **Originating:** WesBanco Bank, Inc.
- **Servicing:** WesBanco Bank, Inc. (WV)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*