Purdue Research Foundation

$6,327,075 PPP Loan in West Lafayette, Indiana

Loan Details

Loan Number: 1106897202
Date Approved: Apr 15, 2020
Loan Status: Paid in Full
Initial Approval: $6,327,075
Current Approval: $6,327,075
Forgiveness Amount: $6,400,620
Forgiveness Date: Jun 17, 2021
Term: 24 months
Draw: First Draw

Business Information

Business Name: Purdue Research Foundation
Address: 1281 Win Hentschel Blvd 0.0
City: West Lafayette
State: Indiana
ZIP Code: 47906-4182
Business Type: Non-Profit Organization
Industry (NAICS): Other Services (except Public Administration) (813219)
Business Age: Existing or more than 2 years old
Jobs Reported: 365
Estimated Revenue: N/A (non-profit)
Non-Profit: Yes
Rural/Urban: Urban
Congressional District: IN-04

Loan Use Breakdown

Payroll: $4,639,075
Rent: $72,000
Utilities: $351,000
Health Care: $1,006,000
Debt Interest: $259,000

Lender Information

Servicing Lender: Jpmorgan Chase Bank, National Association
Originating Lender: Jpmorgan Chase Bank, National Association

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