PPP Loan information for Rashid pharmacy

$462,300

Rashid pharmacy was initially approved for PPP Loan of amount $462,300, the current approved amount is $462,300. The loan was approved on 04/04/2020 by The Connection Bank reported 56 jobs and $462,300 was used to fund payroll.

Rashid pharmacy is Existing or more than 2 years old

PPP Loan Search / IA / FORT MADISON / Rashid pharmacy

RASHID PHARMACY

Date Approved

04/04/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

RASHID PHARMACY

Borrower Address

AVENUE L

Borrower City

FORT MADISON

Borrower State

IA

Borrower Zip

52627-3933

Loan Status Date

10/22/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

462300.00

Current Approval Amount

462300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25013

Servicing Lender Name

Connection Bank

Servicing Lender Address

636 Ave G

Servicing Lender City

FORT MADISON

Servicing Lender State

IA

Servicing Lender Zip

52627-2925

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORT MADISON

Project County Name

LEE

Project State

IA

Project Zip

52627-3933

CD

IA-01

Jobs Reported

56

NAICS Code

446110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

462300.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25013

Originating Lender

Connection Bank

Originating Lender City

FORT MADISON

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

436194.70

Forgiveness Date

07/27/2021

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