# PPP loan: AGUDATH ISRAEL OF AMERICA, INC.
> **$1.22M** approved 04/13/2020 · Paid in Full · Loan `4236727101`
## Borrower
- **Name:** AGUDATH ISRAEL OF AMERICA, INC.
- **Address:** 42 BROADWAY, NEW YORK, NY, 10004-1611
- **NAICS:** 813410
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.22M
- **Initial approval:** $1.22M
- **Forgiven:** $1.23M (101%)
- **Forgiveness date:** 08/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $973K
- **Rent:** $78K
- **Mortgage interest:** $40K
- **Utilities:** $5K
- **Health care:** $90K
- **Debt interest:** $30K
- **Jobs reported:** 56
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*