# PPP loan: 1230 MANAGEMENT CORPORATION
> **$214K** approved 02/06/2021 · Exemption 4 · Loan `4110728407`
## Borrower
- **Name:** 1230 MANAGEMENT CORPORATION
- **Address:** 346 Congress St, Boston, MA, 02210-1267
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $214K
- **Initial approval:** $214K
- **Forgiven:** $152K (71%)
- **Forgiveness date:** 11/15/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $214K
- **Jobs reported:** 10
## Lender
- **Originating:** Cambridge Savings Bank
- **Servicing:** Cambridge Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*