PPP Loan information for Cobalt commercial construction, llc

$615,300

Cobalt commercial construction, llc was initially approved for PPP Loan of amount $424,899, the current approved amount is $615,300. The loan was approved on 04/10/2020 by The Barrington Bank & Trust Company, National Association reported 30 jobs and $615,300 was used to fund payroll.

Cobalt commercial construction, llc is Existing or more than 2 years old

COBALT COMMERCIAL CONSTRUCTION, LLC

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

COBALT COMMERCIAL CONSTRUCTION, LLC

Borrower Address

777 LAKE ZURICH RD, STE 200

Borrower City

BARRINGTON

Borrower State

IL

Borrower Zip

60010-3106

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

424899.00

Current Approval Amount

615300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121149

Servicing Lender Name

Barrington Bank & Trust Company, National Association

Servicing Lender Address

201 S Hough St

Servicing Lender City

BARRINGTON

Servicing Lender State

IL

Servicing Lender Zip

60010-4321

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BARRINGTON

Project County Name

LAKE

Project State

IL

Project Zip

60010-3106

CD

IL-05

Jobs Reported

30

NAICS Code

531110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

61517.00

Payroll Proceed

492266.00

Mortgage Interest Proceed

0.00

Rent Proceed

61517.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

121149

Originating Lender

Barrington Bank & Trust Company, National Association

Originating Lender City

BARRINGTON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

620512.96

Forgiveness Date

02/22/2021

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