PPP Loan information for People's pharmacy, inc.

$1,919,000

People's pharmacy, inc. was initially approved for PPP Loan of amount $1,919,000, the current approved amount is $1,919,000. The loan was approved on 04/12/2020 by The American Bank of Commerce reported 196 jobs and $1,919,000 was used to fund payroll.

People's pharmacy, inc. is Existing or more than 2 years old

PEOPLE'S PHARMACY, INC.

Date Approved

04/12/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

PEOPLE'S PHARMACY, INC.

Borrower Address

3801 South Lamar Blvd

Borrower City

AUSTIN

Borrower State

TX

Borrower Zip

78704-7943

Loan Status Date

05/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1919000.00

Current Approval Amount

1919000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72188

Servicing Lender Name

American Bank of Commerce

Servicing Lender Address

530 E Hwy 62/82

Servicing Lender City

WOLFFORTH

Servicing Lender State

TX

Servicing Lender Zip

79382-9382

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AUSTIN

Project County Name

TRAVIS

Project State

TX

Project Zip

78704-7943

CD

TX-21

Jobs Reported

196

NAICS Code

446110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1439250.00

Mortgage Interest Proceed

0.00

Rent Proceed

479750.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

72188

Originating Lender

American Bank of Commerce

Originating Lender City

WOLFFORTH

Originating Lender State

TX

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1937033.34

Forgiveness Date

03/31/2021

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