PPP Loan information for 1271 associates inc.

$1,231,120

1271 associates inc. was initially approved for PPP Loan of amount $1,231,120, the current approved amount is $1,231,120. The loan was approved on 03/31/2021 by The JPMorgan Chase Bank, National Association reported 154 jobs and $1,231,120 was used to fund payroll.

1271 associates inc. is Existing or more than 2 years old

PPP Loan Search / MI / Chesterfield / 1271 associates inc.

1271 ASSOCIATES INC.

Date Approved

03/31/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

1271 ASSOCIATES INC.

Borrower Address

27295 Luckino Dr

Borrower City

Chesterfield

Borrower State

MI

Borrower Zip

48047-5229

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1231120.00

Current Approval Amount

1231120.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chesterfield

Project County Name

MACOMB

Project State

MI

Project Zip

48047-5229

CD

MI-09

Jobs Reported

154

NAICS Code

336111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1231120.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1238057.36

Forgiveness Date

10/26/2021

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