# PPP loan: BIOMEDICAL RESEARCH FOUNDATION OF NORTHWEST LOUISIANA
> **$1.07M** approved 04/15/2020 · Paid in Full · Loan `1513057205`
## Borrower
- **Name:** BIOMEDICAL RESEARCH FOUNDATION OF NORTHWEST LOUISIANA
- **Address:** 2031 KINGS HWY, SHREVEPORT, LA, 71103-3600
- **NAICS:** 541715
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.07M
- **Initial approval:** $1.07M
- **Forgiven:** $1.08M (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $857K
- **Rent:** $71K
- **Mortgage interest:** $71K
- **Utilities:** $71K
- **Jobs reported:** 68
## Lender
- **Originating:** Origin Bank
- **Servicing:** Origin Bank (LA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*