# PPP loan: PURDUE RESEARCH FOUNDATION
> **$6.33M** approved 04/15/2020 · Paid in Full · Loan `1106897202`
## Borrower
- **Name:** PURDUE RESEARCH FOUNDATION
- **Address:** 1281 Win Hentschel Blvd 0.0, West Lafayette, IN, 47906-4182
- **NAICS:** 813219
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.33M
- **Initial approval:** $6.33M
- **Forgiven:** $6.40M (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.64M
- **Rent:** $72K
- **Utilities:** $351K
- **Health care:** $1.01M
- **Debt interest:** $259K
- **Jobs reported:** 365
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*