# PPP loan: TORAH ACADEMY FOR GIRLS
> **$2.46M** approved 04/08/2020 · Paid in Full · Loan `7895257001`
## Borrower
- **Name:** TORAH ACADEMY FOR GIRLS
- **Address:** 444 BEACH 6TH ST, FAR ROCKAWAY, NY, 11691-5633
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.46M
- **Initial approval:** $2.46M
- **Forgiven:** $2.50M (101%)
- **Forgiveness date:** 09/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.39M
- **Mortgage interest:** $49K
- **Utilities:** $25K
- **Jobs reported:** 411
## 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*