# PPP loan: THE FRISCH SCHOOL
> **$2.48M** approved 04/13/2020 · Paid in Full · Loan `5398867105`
## Borrower
- **Name:** THE FRISCH SCHOOL
- **Address:** 120 W CENTURY RD, PARAMUS, NJ, 07652-1405
- **NAICS:** 611699
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.48M
- **Initial approval:** $2.48M
- **Forgiven:** $2.51M (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.98M
- **Rent:** $495K
- **Jobs reported:** 152
## Lender
- **Originating:** Dime Community Bank
- **Servicing:** Dime Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*