# PPP loan: THE BETESH GROUP HOLDING CORPORATION
> **$1.62M** approved 04/27/2020 · Paid in Full · Loan `4404137210`
## Borrower
- **Name:** THE BETESH GROUP HOLDING CORPORATION
- **Address:** 250 PASSAIC ST, NEWARK, NJ, 07104-3700
- **NAICS:** 423990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.62M
- **Initial approval:** $1.62M
- **Forgiven:** $1.64M (102%)
- **Forgiveness date:** 11/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.21M
- **Mortgage interest:** $202K
- **Utilities:** $202K
- **Jobs reported:** 102
## 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*