# PPP loan: PHILIPPE MP LLC
> **$530K** approved 04/27/2020 · Exemption 4 · Loan `5828667203`
## Borrower
- **Name:** PHILIPPE MP LLC
- **Address:** 355 West 16th St, New York, NY, 10011
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $530K
- **Initial approval:** $530K
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $400K
- **Rent:** $107K
- **Utilities:** $23K
- **Jobs reported:** 68
## 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*