# PPP loan: 120 MP LLC
> **$465K** approved 05/01/2020 · Charged Off · Loan `5530187710`
## Borrower
- **Name:** 120 MP LLC
- **Address:** 120 W 44TH ST FRNT 3, NEW YORK, NY, 10036-4050
- **NAICS:** —
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $465K
- **Initial approval:** $465K
- **Forgiven:** $63K (14%)
- **Forgiveness date:** 11/04/2021
- **Status:** Charged Off
- **Term:** 4 months
## Use of funds
- **Payroll:** $465K
- **Jobs reported:** 50
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*