# PPP loan: 1220 ASSOCIATES LLC
> **$285K** approved 05/07/2021 · Paid in Full · Loan `7219268909`
## Borrower
- **Name:** 1220 ASSOCIATES LLC
- **Address:** 1220 20th St, Miami Beach, FL, 33139-1443
- **NAICS:** 713940
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $285K
- **Initial approval:** $285K
- **Forgiven:** $287K (101%)
- **Forgiveness date:** 02/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $285K
- **Utilities:** $1
- **Jobs reported:** 26
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*