# PPP loan: HOWARD PAYNE UNIVERSITY
> **$1.91M** approved 04/07/2020 · Paid in Full · Loan `7278837003`
## Borrower
- **Name:** HOWARD PAYNE UNIVERSITY
- **Address:** 1000 FISK AVE, BROWNWOOD, TX, 76801-2715
- **NAICS:** 611310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.91M
- **Initial approval:** $1.91M
- **Forgiven:** $1.93M (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.43M
- **Utilities:** $477K
- **Jobs reported:** 328
## Lender
- **Originating:** Texas Bank
- **Servicing:** Texas Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*