# PPP loan: KELLARI PAREA, LLC
> **$709K** approved 04/15/2020 · Exemption 4 · Loan `9634837108`
## Borrower
- **Name:** KELLARI PAREA, LLC
- **Address:** 19 West 44th Street, NEW YORK, NY, 10036-5902
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $709K
- **Initial approval:** $709K
- **Forgiven:** $251K (35%)
- **Forgiveness date:** 07/27/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $548K
- **Rent:** $111K
- **Utilities:** $23K
- **Health care:** $25K
- **Jobs reported:** 70
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*