# PPP loan: HUNTINGTON UNIVERSITY, INC.
> **$2.94M** approved 04/04/2020 · Paid in Full · Loan `4798417006`
## Borrower
- **Name:** HUNTINGTON UNIVERSITY, INC.
- **Address:** 2303 COLLEGE AVE, HUNTINGTON, IN, 46750-1237
- **NAICS:** 611310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.94M
- **Initial approval:** $2.94M
- **Forgiven:** $2.97M (101%)
- **Forgiveness date:** 06/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.77M
- **Rent:** $150K
- **Utilities:** $250K
- **Health care:** $420K
- **Debt interest:** $344K
- **Jobs reported:** 475
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*