# PPP loan: COBALT THE RESTAURANT LLC
> **$961K** approved 01/27/2021 · Paid in Full · Loan `7005288310`
## Borrower
- **Name:** COBALT THE RESTAURANT LLC
- **Address:** 28099 Perdido Beach Blvd, Orange Beach, AL, 36561-3243
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $961K
- **Initial approval:** $961K
- **Forgiven:** $968K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $961K
- **Jobs reported:** 103
## Lender
- **Originating:** Centennial Bank
- **Servicing:** Centennial Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*