# PPP loan: CONGREGATION DARCHEI TORAH
> **$4.57M** approved 04/08/2020 · Paid in Full · Loan `8196267010`
## Borrower
- **Name:** CONGREGATION DARCHEI TORAH
- **Address:** 257 BEACH 17TH ST, FAR ROCKAWAY, NY, 11691-4433
- **NAICS:** 611110
- **Business type:** Professional Association
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.57M
- **Initial approval:** $4.57M
- **Forgiven:** $4.63M (101%)
- **Forgiveness date:** 09/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.65M
- **Mortgage interest:** $228K
- **Utilities:** $228K
- **Health care:** $365K
- **Debt interest:** $91K
- **Jobs reported:** 419
## 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*