# PPP loan: FLAG LUXURY GROUP LLC
> **$253K** approved 04/15/2020 · Exemption 4 · Loan `9925457101`
## Borrower
- **Name:** FLAG LUXURY GROUP LLC
- **Address:** 70 East 55th Street 23rd Floor, NEW YORK, NY, 10022-3377
- **NAICS:** 531390
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $253K
- **Initial approval:** $253K
- **Status:** Exemption 4
- **Term:** 180 months
## Use of funds
- **Payroll:** $190K
- **Utilities:** $63K
- **Jobs reported:** 10
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*