PPP Loan information for Cobalt energy services, inc.

$1,500,000

Cobalt energy services, inc. was initially approved for PPP Loan of amount $1,804,100, the current approved amount is $1,500,000. The loan was approved on 04/15/2020 by The Wheaton Bank & Trust Company, National Association reported 72 jobs and $1,500,000 was used to fund payroll.

Cobalt energy services, inc. is Existing or more than 2 years old

PPP Loan Search / IL / JOLIET / Cobalt energy services, inc.

COBALT ENERGY SERVICES, INC.

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

COBALT ENERGY SERVICES, INC.

Borrower Address

2405 Essington Rd Ste B

Borrower City

JOLIET

Borrower State

IL

Borrower Zip

60435

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1804100.00

Current Approval Amount

1500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118394

Servicing Lender Name

Wheaton Bank & Trust Company, National Association

Servicing Lender Address

100 N Wheaton Ave

Servicing Lender City

WHEATON

Servicing Lender State

IL

Servicing Lender Zip

60187-5122

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JOLIET

Project County Name

WILL

Project State

IL

Project Zip

60435-0100

CD

IL-14

Jobs Reported

72

NAICS Code

335999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

187500.00

Payroll Proceed

1125000.00

Mortgage Interest Proceed

0.00

Rent Proceed

187500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

118394

Originating Lender

Wheaton Bank & Trust Company, National Association

Originating Lender City

WHEATON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1509875.00

Forgiveness Date

12/15/2020

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