# PPP loan: SOCKSMITH DESIGN, INC.
> **$464K** approved 04/09/2020 · Paid in Full · Loan `1039677107`
## Borrower
- **Name:** SOCKSMITH DESIGN, INC.
- **Address:** 1515 Pacific Avenue, SANTA CRUZ, CA, 95060-3911
- **NAICS:** 541490
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $464K
- **Initial approval:** $464K
- **Forgiven:** $470K (101%)
- **Forgiveness date:** 07/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $348K
- **Rent:** $58K
- **Utilities:** $58K
- **Jobs reported:** 33
## Lender
- **Originating:** Santa Cruz County Bank
- **Servicing:** Santa Cruz County Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*