# PPP loan: COBRA OIL & GAS CORPORATION
> **$1.39M** approved 01/25/2021 · Paid in Full · Loan `5468878307`
## Borrower
- **Name:** COBRA OIL & GAS CORPORATION
- **Address:** 2201 Kell Blvd, Wichita Falls, TX, 76308-1000
- **NAICS:** 211120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.39M
- **Initial approval:** $1.39M
- **Forgiven:** $1.41M (101%)
- **Forgiveness date:** 03/24/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.39M
- **Utilities:** $1
- **Jobs reported:** 84
## Lender
- **Originating:** Community National Bank & Trust of Texas
- **Servicing:** Community National Bank & Trust of Texas (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*