Mind Research Institute

$3,512,500 PPP Loan in Irvine, California

Loan Details

Loan Number
4384107007
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$3,512,500
Current Approval
$3,456,100
Forgiveness Amount
$3,495,869
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mind Research Institute
Address
5281 California Ave Suite 300
City
Irvine
ZIP Code
92617-3073
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611710)
Business Age
Existing or more than 2 years old
Jobs Reported
168
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
CA-47

Loan Use Breakdown

Payroll
$3,129,100
Rent
$272,000
Utilities
$25,000
Debt Interest
$30,000

Lender Information

Servicing Lender
Commercial Bank of California
Originating Lender
Commercial Bank of California

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