# PPP loan: PHILIPPE NYC I LLC
> **$1.00M** approved 04/27/2020 · Paid in Full · Loan `5559187202`
## Borrower
- **Name:** PHILIPPE NYC I LLC
- **Address:** 33 East 60th St, New York, NY, 10065
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.00M
- **Initial approval:** $1.00M
- **Forgiven:** $1.02M (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $755K
- **Rent:** $200K
- **Utilities:** $49K
- **Jobs reported:** 87
## Lender
- **Originating:** Blue Ridge Bank, National Association
- **Servicing:** Blue Ridge Bank, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*