PPP Loan information for Cobalt electric corp

$78,809

Cobalt electric corp was initially approved for PPP Loan of amount $78,809, the current approved amount is $78,809. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 6 jobs and $78,809 was used to fund payroll.

Cobalt electric corp is Existing or more than 2 years old

COBALT ELECTRIC CORP

Date Approved

05/01/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

COBALT ELECTRIC CORP

Borrower Address

13 SPRINGFILED CT

Borrower City

GYPSUM

Borrower State

CO

Borrower Zip

81637

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

78809.00

Current Approval Amount

78809.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GYPSUM

Project County Name

EAGLE

Project State

CO

Project Zip

81637-0001

CD

CO-02

Jobs Reported

6

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

78809.00

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

Corporation

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

79925.28

Forgiveness Date

10/06/2021

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