# PPP loan: SOKOLOV, LTD.
> **$421K** approved 06/09/2020 · Paid in Full · Loan `9858657809`
## Borrower
- **Name:** SOKOLOV, LTD.
- **Address:** 4101 Collins Ave, MIAMI BEACH, FL, 33140-3210
- **NAICS:** 721110
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $421K
- **Initial approval:** $421K
- **Forgiven:** $425K (101%)
- **Forgiveness date:** 07/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $315K
- **Mortgage interest:** $53K
- **Utilities:** $53K
- **Jobs reported:** 91
## 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*