# PPP loan: SALANTER AKIVA RIVERDALE ACADEMY
> **$5.46M** approved 04/07/2020 · Paid in Full · Loan `7545467005`
## Borrower
- **Name:** SALANTER AKIVA RIVERDALE ACADEMY
- **Address:** 655 WEST 254TH ST, BRONX, NY, 10471-1247
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.46M
- **Initial approval:** $5.46M
- **Forgiven:** $5.53M (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.08M
- **Utilities:** $66K
- **Health care:** $317K
- **Jobs reported:** 369
## 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*