# PPP loan: COVANT SOLUTIONS INC
> **$993K** approved 04/15/2020 · Paid in Full · Loan `9905247100`
## Borrower
- **Name:** COVANT SOLUTIONS INC
- **Address:** 220 Continental dr 314, Newark, DE, 19713
- **NAICS:** 541512
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $993K
- **Initial approval:** $993K
- **Forgiven:** $1.00M (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $993K
- **Jobs reported:** 45
## Lender
- **Originating:** Citizens Bank, National Association
- **Servicing:** Citizens Bank, National Association (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*