PPP Loan information for Cobalt digital inc

$596,600

Cobalt digital inc was initially approved for PPP Loan of amount $596,600, the current approved amount is $596,600. The loan was approved on 04/05/2020 by The Busey Bank reported 41 jobs and $596,600 was used to fund payroll.

Cobalt digital inc is Unanswered

PPP Loan Search / IL / CHAMPAIGN / Cobalt digital inc

COBALT DIGITAL INC

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

COBALT DIGITAL INC

Borrower Address

2506 Galen Dr

Borrower City

CHAMPAIGN

Borrower State

IL

Borrower Zip

61821-7006

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

596600.00

Current Approval Amount

596600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22749

Servicing Lender Name

Busey Bank

Servicing Lender Address

100 W University Ave

Servicing Lender City

CHAMPAIGN

Servicing Lender State

IL

Servicing Lender Zip

61820-3910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

CHAMPAIGN

Project County Name

CHAMPAIGN

Project State

IL

Project Zip

61821-7006

CD

IL-13

Jobs Reported

41

NAICS Code

334310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

447450.00

Mortgage Interest Proceed

0.00

Rent Proceed

149150.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

589942.82

Forgiveness Date

11/10/2020

;