# PPP loan: AMROD CORP.
> **$845K** approved 04/27/2020 · Paid in Full · Loan `4347837200`
## Borrower
- **Name:** AMROD CORP.
- **Address:** 60 PENNSYLVANIA AVE, KEARNY, NJ, 07032-4523
- **NAICS:** 331420
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $845K
- **Initial approval:** $845K
- **Forgiven:** $854K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $633K
- **Mortgage interest:** $106K
- **Utilities:** $106K
- **Jobs reported:** 47
## Lender
- **Originating:** Israel Discount Bank of New York
- **Servicing:** Israel Discount Bank of New York (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*