1220 MANAGEMENT GROUP, LLC (FL) - 2020 PPP Loan Borrower Profile (# 3080887700)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to 1220 MANAGEMENT GROUP, LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in Florida.
Loan Detail
Loan Number
3080887700
SBA Office Code
0455
Processing Method
PPP
Curent Loan Amount
$696,740
Date Loan was Approved
May 1, 2020
Amount Forgiven
$704,952.63
Date Loan was Forgiven
Jul 9, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
14,185
Payroll Proced
549,750
Rent Proceed
90,000
Health Care Proceed
42,805
Lender
JPMorgan Chase Bank, National Association
Business Detail
Business Type
Partnership
NAICS
561110
Borrower Location
MIAMI BEACH, FL
Project Location
MIAMI BEACH, FL
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
58
Business Age Description
Existing or more than 2 years old
Data Source: SBA.