# PPP loan: YESHIVAT DARCHE ERES, INC.
> **$2.98M** approved 04/13/2020 · Paid in Full · Loan `4889817101`
## Borrower
- **Name:** YESHIVAT DARCHE ERES, INC.
- **Address:** 325 AVENUE Y, BROOKLYN, NY, 11223-5921
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.98M
- **Initial approval:** $2.98M
- **Forgiven:** $3.02M (101%)
- **Forgiveness date:** 09/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.23M
- **Rent:** $298K
- **Mortgage interest:** $447K
- **Jobs reported:** 376
## 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*