# PPP loan: KOBALT INDUSTRIES INC.
> **$165K** approved 02/20/2021 · Paid in Full · Loan `2452378508`
## Borrower
- **Name:** KOBALT INDUSTRIES INC.
- **Address:** 1739 S Grove Ave Ste B, Ontario, CA, 91761-4530
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $165K
- **Initial approval:** $165K
- **Forgiven:** $167K (101%)
- **Forgiveness date:** 04/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $165K
- **Jobs reported:** 11
## Lender
- **Originating:** Chino Commercial Bank, N.A.
- **Servicing:** Chino Commercial Bank, N.A. (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*