Congregation Darchei Torah

$4,568,198 PPP Loan in Far Rockaway, New York

Loan Details

Loan Number
8196267010
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$4,568,198
Current Approval
$4,568,198
Forgiveness Amount
$4,633,905
Forgiveness Date
Sep 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Congregation Darchei Torah
Address
257 Beach 17th St
ZIP Code
11691-4433
Business Type
Professional Association
Industry (NAICS)
Educational Services (611110)
Business Age
Existing or more than 2 years old
Jobs Reported
419
Estimated Revenue
$50.3M
Rural/Urban
Urban
Congressional District
NY-05

Loan Use Breakdown

Payroll
$3,654,558
Utilities
$228,410
Health Care
$365,456
Mortgage Interest
$228,410
Debt Interest
$91,364

Lender Information

Servicing Lender
Cross River Bank
Originating Lender
Cross River Bank

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