# PPP loan: VERRAZANO NURSING HOMEINC.
> **$1.53M** approved 01/25/2021 · Paid in Full · Loan `5608398308`
## Borrower
- **Name:** VERRAZANO NURSING HOMEINC.
- **Address:** 100 Castleton Ave, Staten Island, NY, 10301-3004
- **NAICS:** 623110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.53M
- **Initial approval:** $1.53M
- **Forgiven:** $1.55M (101%)
- **Forgiveness date:** 06/01/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.53M
- **Utilities:** $1
- **Jobs reported:** 95
## 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*