# PPP loan: ORT AMERICA INC
> **$784K** approved 04/27/2020 · Paid in Full · Loan `4135067203`
## Borrower
- **Name:** ORT AMERICA INC
- **Address:** 75 MAIDEN LN 10th fl, NEW YORK, NY, 10038-4810
- **NAICS:** 813211
- **Business type:** Non-Profit Organization
- **Business age:** Unanswered
## Loan
- **Approval amount:** $784K
- **Initial approval:** $784K
- **Forgiven:** $789K (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $629K
- **Rent:** $95K
- **Utilities:** $10K
- **Health care:** $50K
- **Jobs reported:** 47
## 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*