# PPP loan: PESACH TIKVAH DEVELOPMENT INC
> **$1.97M** approved 04/12/2020 · Paid in Full · Loan `3889587110`
## Borrower
- **Name:** PESACH TIKVAH DEVELOPMENT INC
- **Address:** 18 Middleton Street, BROOKLYN, NY, 11206-5415
- **NAICS:** 621420
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.97M
- **Initial approval:** $1.97M
- **Forgiven:** $2.00M (102%)
- **Forgiveness date:** 11/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.97M
- **Jobs reported:** 485
## 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*