# PPP loan: OREGON RESEARCH INSTITUTE
> **$953K** approved 04/28/2020 · Paid in Full · Loan `6768437206`
## Borrower
- **Name:** OREGON RESEARCH INSTITUTE
- **Address:** 1776 MILLRACE DR, EUGENE, OR, 97403-2536
- **NAICS:** 611710
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $953K
- **Initial approval:** $953K
- **Forgiven:** $958K (100%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $715K
- **Rent:** $208K
- **Utilities:** $30K
- **Jobs reported:** 110
## Lender
- **Originating:** Oregon Pacific Banking Company dba Oregon Pacific Bank
- **Servicing:** Oregon Pacific Banking Company dba Oregon Pacific Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*