# PPP loan: COBALT EQUIPMENT INC.
> **$341K** approved 01/22/2021 · Paid in Full · Loan `3887908309`
## Borrower
- **Name:** COBALT EQUIPMENT INC.
- **Address:** 289 Rickenbacker Cir, Livermore, CA, 94551-7216
- **NAICS:** 532490
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $341K
- **Initial approval:** $341K
- **Forgiven:** $343K (100%)
- **Forgiveness date:** 07/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $341K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** River City Bank
- **Servicing:** River City Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*