# PPP loan: SOCRATIC ARTS INC.
> **$532K** approved 02/19/2021 · Paid in Full · Loan `2049288505`
## Borrower
- **Name:** SOCRATIC ARTS INC.
- **Address:** 3784 SE Old Saint Lucie Blvd, Stuart, FL, 34996-5117
- **NAICS:** 541611
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $532K
- **Initial approval:** $292K
- **Forgiven:** $535K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $532K
- **Jobs reported:** 14
## Lender
- **Originating:** Legacy Bank
- **Servicing:** Legacy Bank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*