# PPP loan: RABBI ISAAC ELCHANAN THEOLOGICAL SEMINARY
> **$998K** approved 04/07/2020 · Paid in Full · Loan `7044977007`
## Borrower
- **Name:** RABBI ISAAC ELCHANAN THEOLOGICAL SEMINARY
- **Address:** 515 w 185TH ST, NEW YORK, NY, 10033-3202
- **NAICS:** 611699
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $998K
- **Initial approval:** $998K
- **Forgiven:** $1.01M (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $778K
- **Rent:** $10K
- **Utilities:** $10K
- **Health care:** $200K
- **Jobs reported:** 78
## 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*