# PPP loan: COBALT DIGITAL INC - CAB8490
> **$774K** approved 01/25/2021 · Paid in Full · Loan `5173678309`
## Borrower
- **Name:** COBALT DIGITAL INC - CAB8490
- **Address:** 2506 Galen Dr, Champaign, IL, 61821-7046
- **NAICS:** 334310
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $774K
- **Initial approval:** $774K
- **Forgiven:** $777K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $774K
- **Utilities:** $1
- **Jobs reported:** 43
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*