1271 ASSOCIATES INC. (MI) - 2020 PPP Loan Borrower Profile (# 4011248704)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1271 ASSOCIATES INC.. 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 Michigan.

Loan Detail

Loan Number

4011248704

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$1,231,120

Date Loan was Approved

Mar 31, 2021

Amount Forgiven

$1,238,057.36

Date Loan was Forgiven

Oct 26, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

1,231,120

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Corporation

NAICS

336111

Borrower Location

Chesterfield, MI

Project Location

Chesterfield, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

154

Business Age Description

Existing or more than 2 years old

Data Source: SBA.