# PPP loan: LEO SCHACHTER DIAMONDS LLC
> **$1.03M** approved 04/27/2020 · Paid in Full · Loan `4385227206`
## Borrower
- **Name:** LEO SCHACHTER DIAMONDS LLC
- **Address:** 50 West 47th Street Suite 2100, NEW YORK, NY, 10036-8687
- **NAICS:** 339910
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.03M
- **Initial approval:** $1.03M
- **Forgiven:** $1.04M (101%)
- **Forgiveness date:** 03/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $773K
- **Mortgage interest:** $129K
- **Utilities:** $129K
- **Jobs reported:** 70
## 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*