PPP Loan information for Cobalt the restaurant llc

$754,167

Cobalt the restaurant llc was initially approved for PPP Loan of amount $754,167, the current approved amount is $754,167. The loan was approved on 04/12/2020 by The Centennial Bank reported 103 jobs and $754,167 was used to fund payroll.

Cobalt the restaurant llc is Existing or more than 2 years old

PPP Loan Search / AL / ORANGE BEACH / Cobalt the restaurant llc

COBALT THE RESTAURANT LLC

Date Approved

04/12/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

COBALT THE RESTAURANT LLC

Borrower Address

28099 PERDIDO BEACH BLVD.

Borrower City

ORANGE BEACH

Borrower State

AL

Borrower Zip

36561-3243

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

754167.35

Current Approval Amount

754167.35

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4392

Servicing Lender Name

Centennial Bank

Servicing Lender Address

620 Chestnut St

Servicing Lender City

CONWAY

Servicing Lender State

AR

Servicing Lender Zip

72032-5404

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ORANGE BEACH

Project County Name

BALDWIN

Project State

AL

Project Zip

36561-3243

CD

AL-01

Jobs Reported

103

NAICS Code

722511

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

754167.35

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

4392

Originating Lender

Centennial Bank

Originating Lender City

CONWAY

Originating Lender State

AR

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

760407.31

Forgiveness Date

02/17/2021

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