# PPP loan: COBBLETEL, LLC
> **$359K** approved 04/11/2020 · Paid in Full · Loan `3424067107`
## Borrower
- **Name:** COBBLETEL, LLC
- **Address:** 311 Gulf Breeze Pkwy, GULF BREEZE, FL, 32561-4463
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $359K
- **Initial approval:** $359K
- **Forgiven:** $361K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $215K
- **Utilities:** $90K
- **Health care:** $54K
- **Jobs reported:** 66
## Lender
- **Originating:** Hancock Whitney Bank
- **Servicing:** Hancock Whitney Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*