# PPP loan: SOBO & SOBO, LLP
> **$1.92M** approved 04/14/2020 · Paid in Full · Loan `6701787103`
## Borrower
- **Name:** SOBO & SOBO, LLP
- **Address:** 1 Dolson Avenue, Middletown, NY, 10940
- **NAICS:** 541199
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.92M
- **Initial approval:** $2.58M
- **Forgiven:** $1.94M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.77M
- **Rent:** $12K
- **Utilities:** $6K
- **Health care:** $132K
- **Jobs reported:** 170
## 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*