Hello Eduardo,
Thank you for posting question on Microsoft Windows Forum!
Based on the issue description as well as the provided error "Sandbox Host - Access Denied" on your backend server (PROD-BACK01) during organization creation which might indicate that the domain account running the Microsoft Dynamics 365 Sandbox Processing Service (MSCRMSandboxService) lacks a critical permission required to spin up the isolated worker processes (Microsoft.Crm.Sandbox.WorkerProcess.exe).
When running under least privilege, the Sandbox Processing Service account must be able to monitor system counters, or the host process will fail to initialize. The suggestion is on PROD-BACK01, open Local Users and Groups (lusrmgr.msc). Try to add the Sandbox Service domain account to the local Performance Log Users group.
Another point worth mentioning here is that during the organization creation wizard, the Sandbox service is called upon to validate and provision isolated components. To do this, it needs specific CRM-defined directory permissions. Making sure that your Sandbox Service account is an explicit member of the following Active Directory groups created during your initial CRM deployment PrivUserGroup (The service must operate within this privileged CRM context) and SQLAccessGroup (Required to touch the configuration and the newly staging organization databases).
Also, try to verify that the domain account has not been blocked by a restrictive Group Policy (GPO) on the backend server. You can open the Local Security Policy (secpol.msc) on PROD-BACK01 and navigate to Local Policies > User Rights Assignment. Ensure the account has Log on as a service (SeServiceLogonRight) and ensure it is not listed under Deny log on locally or Deny log on as a service.
If you are using Kerberos, the Sandbox account may also need the correct SPN.
You can consult the following article for more information regarding your concerns.
Hope the above information is helpful! If it is. Free feel to hit "Accepted" for benefitting others in community having the same issue too.