# PPP loan: COBB OIL CO.  INC.
> **$553K** approved 01/21/2021 · Paid in Full · Loan `3171218308`
## Borrower
- **Name:** COBB OIL CO.  INC.
- **Address:** 308 West Fountain Street, Brighton, IA, 52540
- **NAICS:** 447110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $553K
- **Initial approval:** $553K
- **Forgiven:** $555K (100%)
- **Forgiveness date:** 06/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $553K
- **Utilities:** $1
- **Jobs reported:** 103
## Lender
- **Originating:** Federation Bank
- **Servicing:** Federation Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*