# PPP loan: LEO SCHACHTER DIAMONDS LLC
> **$986K** approved 01/23/2021 · Paid in Full · Loan `4791408301`
## Borrower
- **Name:** LEO SCHACHTER DIAMONDS LLC
- **Address:** 50 W 47th St, New York, NY, 10036-8621
- **NAICS:** 423940
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $986K
- **Initial approval:** $986K
- **Forgiven:** $996K (101%)
- **Forgiveness date:** 01/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $986K
- **Utilities:** $1
- **Jobs reported:** 62
## 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*