# PPP loan: IL MULINO GRAMERCY, LLC
> **$250K** approved 04/27/2020 · Exemption 4 · Loan `5570397207`
## Borrower
- **Name:** IL MULINO GRAMERCY, LLC
- **Address:** 1761 YARDLEY-LANGHORNE RD, MORRISVILLE, PA, 19067
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $49K (20%)
- **Forgiveness date:** 10/26/2022
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $250K
- **Jobs reported:** 29
## Lender
- **Originating:** Signature Bank
- **Servicing:** Flagstar Bank National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*