# PPP loan: COBALT, LLC
> **$378K** approved 04/14/2020 · Paid in Full · Loan `7878857100`
## Borrower
- **Name:** COBALT, LLC
- **Address:** 330 South Warminster Road Suite 341, Hatboro, PA, 19040
- **NAICS:** 541618
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $378K
- **Initial approval:** $378K
- **Forgiven:** $381K (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $331K
- **Rent:** $25K
- **Utilities:** $2K
- **Health care:** $20K
- **Jobs reported:** 25
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*