# PPP loan: COBALT IRON INC.
> **$744K** approved 04/08/2020 · Paid in Full · Loan `8574067007`
## Borrower
- **Name:** COBALT IRON INC.
- **Address:** 1421 Research Park Drive, #2C, LAWRENCE, KS, 66049-3850
- **NAICS:** 511210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $744K
- **Initial approval:** $744K
- **Forgiven:** $749K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $744K
- **Jobs reported:** 47
## Lender
- **Originating:** UMB Bank, National Association
- **Servicing:** UMB Bank, National Association (MO)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*