PPP Loan information for Cobb oil co. inc.

$552,724

Cobb oil co. inc. was initially approved for PPP Loan of amount $552,724, the current approved amount is $552,724. The loan was approved on 01/21/2021 by The Federation Bank reported 103 jobs and $552,724 was used to fund payroll.

Cobb oil co. inc. is Existing or more than 2 years old

COBB OIL CO. INC.

Date Approved

01/21/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

COBB OIL CO. INC.

Borrower Address

308 West Fountain Street

Borrower City

Brighton

Borrower State

IA

Borrower Zip

52540

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

552724.00

Current Approval Amount

552724.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24616

Servicing Lender Name

Federation Bank

Servicing Lender Address

300 S Iowa Ave

Servicing Lender City

Washington

Servicing Lender State

IA

Servicing Lender Zip

52353

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brighton

Project County Name

WASHINGTON

Project State

IA

Project Zip

52540

CD

IA-02

Jobs Reported

103

NAICS Code

447110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

552721.00

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

Subchapter S Corporation

Originating Lender Location Id

24616

Originating Lender

Federation Bank

Originating Lender City

Washington

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

554950.04

Forgiveness Date

06/23/2021

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