# PPP loan: DARCHAI MENACHEM INC
> **$322K** approved 02/05/2021 · Paid in Full · Loan `3923838408`
## Borrower
- **Name:** DARCHAI MENACHEM INC
- **Address:** 432 Rutland Rd, Brooklyn, NY, 11203-1504
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $322K
- **Initial approval:** $322K
- **Forgiven:** $326K (101%)
- **Forgiveness date:** 07/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $322K
- **Jobs reported:** 42
## Lender
- **Originating:** Cathay Bank
- **Servicing:** Cathay Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*