# PPP loan: HUNTINGTON MEDICAL RESEARCH INSTITUTES
> **$1.04M** approved 04/11/2020 · Paid in Full · Loan `3308447106`
## Borrower
- **Name:** HUNTINGTON MEDICAL RESEARCH INSTITUTES
- **Address:** 686 S FAIR OAKS AVE, PASADENA, CA, 91105-2616
- **NAICS:** 541715
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.04M
- **Initial approval:** $1.04M
- **Forgiven:** $1.05M (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $910K
- **Rent:** $56K
- **Utilities:** $74K
- **Jobs reported:** 50
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*