# PPP loan: MORRISON-COBALT JV
> **$588K** approved 01/22/2021 · Paid in Full · Loan `4120058302`
## Borrower
- **Name:** MORRISON-COBALT JV
- **Address:** 104 Crandon Blvd Ste 400, Key Biscayne, FL, 33149-1542
- **NAICS:** 237310
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $588K
- **Initial approval:** $588K
- **Forgiven:** $595K (101%)
- **Forgiveness date:** 05/24/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $588K
- **Jobs reported:** 21
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*