# PPP loan: MENORA FINANCIAL CORP
> **$170K** approved 01/21/2021 · Exemption 4 · Loan `3276548309`
## Borrower
- **Name:** MENORA FINANCIAL CORP
- **Address:** 8833 Gross Point Rd Ste 206, Skokie, IL, 60077-1859
- **NAICS:** 531390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $85K (50%)
- **Forgiveness date:** 02/09/2023
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $170K
- **Utilities:** $1
- **Jobs reported:** 293
## 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*