# PPP loan: ROCHESTER DIAMONDS AND GOLD INC
> **$963K** approved 04/14/2020 · Paid in Full · Loan `7845727100`
## Borrower
- **Name:** ROCHESTER DIAMONDS AND GOLD INC
- **Address:** 2300 West Ridge Rd 4th floor, ROCHESTER, NY, 14626
- **NAICS:** 423940
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $963K
- **Initial approval:** $963K
- **Forgiven:** $971K (101%)
- **Forgiveness date:** 03/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $750K
- **Rent:** $62K
- **Mortgage interest:** $100K
- **Utilities:** $1K
- **Health care:** $50K
- **Jobs reported:** 75
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*