# PPP loan: BP WELLMONT REDEVELOPMENT 2015, LLC
> **$327K** approved 06/30/2020 · Exemption 4 · Loan `6583088001`
## Borrower
- **Name:** BP WELLMONT REDEVELOPMENT 2015, LLC
- **Address:** 363 Bloomfield Ave, Suite 2A, MONTCLAIR, NJ, 07042-3601
- **NAICS:** 711310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $327K
- **Initial approval:** $327K
- **Forgiven:** $268K (82%)
- **Forgiveness date:** 12/16/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $327K
- **Jobs reported:** 168
## Lender
- **Originating:** First Bank of the Lake
- **Servicing:** First Bank of the Lake (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*