Cobalt Energy Services, Inc.

$1,804,100 PPP Loan in Joliet, Illinois

Loan Details

Loan Number
9537127105
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,804,100
Current Approval
$1,500,000
Forgiveness Amount
$1,509,875
Forgiveness Date
Dec 15, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Cobalt Energy Services, Inc.
Address
2405 Essington Rd Ste B
City
Joliet
ZIP Code
60435
Business Type
Corporation
Industry (NAICS)
Manufacturing (335999)
Business Age
Existing or more than 2 years old
Jobs Reported
72
Estimated Revenue
$18.9M
Rural/Urban
Urban
Congressional District
IL-14

Loan Use Breakdown

Payroll
$1,125,000
Rent
$187,500
Utilities
$187,500

Lender Information

Servicing Lender
Wheaton Bank & Trust Company, National Association
Originating Lender
Wheaton Bank & Trust Company, National Association

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