# PPP loan: LOVELACE RESPIRATORY RESEARCH INSTITUTE
> **$5.15M** approved 05/02/2020 · Paid in Full · Loan `9383997300`
## Borrower
- **Name:** LOVELACE RESPIRATORY RESEARCH INSTITUTE
- **Address:** 2425 Ridgecrest Dr SE, ALBUQUERQUE, NM, 87108
- **NAICS:** 541714
- **Business type:** Non-Profit Organization
- **Business age:** Unanswered
## Loan
- **Approval amount:** $5.15M
- **Initial approval:** $5.15M
- **Forgiven:** $5.20M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.15M
- **Jobs reported:** 388
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*