# PPP loan: DAVID H MURDOCK RESEARCH INSTITUTE
> **$333K** approved 04/09/2020 · Paid in Full · Loan `9249017004`
## Borrower
- **Name:** DAVID H MURDOCK RESEARCH INSTITUTE
- **Address:** 150 N RESEARCH CAMPUS DR, KANNAPOLIS, NC, 28081-3384
- **NAICS:** 541620
- **Business type:** Professional Association
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $333K
- **Initial approval:** $333K
- **Forgiven:** $337K (101%)
- **Forgiveness date:** 05/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $333K
- **Jobs reported:** 18
## 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*