# PPP loan: DAVID H MURDOCK RESEARCH INSTITUTE
> **$360K** approved 01/26/2021 · Paid in Full · Loan `6363358302`
## Borrower
- **Name:** DAVID H MURDOCK RESEARCH INSTITUTE
- **Address:** 150 N Research Campus Dr, Kannapolis, NC, 28081-3384
- **NAICS:** 624210
- **Business type:** Professional Association
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $360K
- **Initial approval:** $360K
- **Forgiven:** $363K (101%)
- **Forgiveness date:** 12/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $360K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*