PPP Loan information for Forbes pharmacy, corp.

$108,100

Forbes pharmacy, corp. was initially approved for PPP Loan of amount $108,100, the current approved amount is $108,100. The loan was approved on 05/03/2020 by The Bank Iowa reported 10 jobs and $108,100 was used to fund payroll.

Forbes pharmacy, corp. is Existing or more than 2 years old

FORBES PHARMACY, CORP.

Date Approved

05/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

FORBES PHARMACY, CORP.

Borrower Address

8170 DOUGLAS AVE

Borrower City

URBANDALE

Borrower State

IA

Borrower Zip

50322-2411

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

108100.00

Current Approval Amount

108100.00

Undisbursed Amount

0.00

Franchise Name

Medicap Pharmacy

Servicing Lender Location Id

24768

Servicing Lender Name

Bank Iowa

Servicing Lender Address

1150 Jordan Creek Pkwy

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-5831

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

URBANDALE

Project County Name

POLK

Project State

IA

Project Zip

50322-2411

CD

IA-03

Jobs Reported

10

NAICS Code

446110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

108100.00

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

24768

Originating Lender

Bank Iowa

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

108832.68

Forgiveness Date

01/08/2021

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