# PPP loan: ORT AMERICA INC.
> **$784K** approved 01/20/2021 · Paid in Full · Loan `2391258306`
## Borrower
- **Name:** ORT AMERICA INC.
- **Address:** 75 Maiden Ln Fl 10, New York, NY, 10038-4607
- **NAICS:** 813211
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $784K
- **Initial approval:** $784K
- **Forgiven:** $794K (101%)
- **Forgiveness date:** 05/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $784K
- **Utilities:** $1
- **Jobs reported:** 42
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*