PPP Loan information for Cobalt digital inc - cab8490

$773,764

Cobalt digital inc - cab8490 was initially approved for PPP Loan of amount $773,764, the current approved amount is $773,764. The loan was approved on 01/25/2021 by The Busey Bank reported 43 jobs and $773,764 was used to fund payroll.

Cobalt digital inc - cab8490 is Existing or more than 2 years old

PPP Loan Search / IL / Champaign / Cobalt digital inc - cab8490

COBALT DIGITAL INC - CAB8490

Date Approved

01/25/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

COBALT DIGITAL INC - CAB8490

Borrower Address

2506 Galen Dr

Borrower City

Champaign

Borrower State

IL

Borrower Zip

61821-7046

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

773764.00

Current Approval Amount

773764.00

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

Existing or more than 2 years old

Project City

Champaign

Project County Name

CHAMPAIGN

Project State

IL

Project Zip

61821-7046

CD

IL-13

Jobs Reported

43

NAICS Code

334310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

773761.00

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

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

776710.66

Forgiveness Date

06/15/2021

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