Date Approved
04/09/2020
SBA Office Code
0460
Processing Method
PPP
Borrower Name
INNOVATIVE PHARMACY SERVICES INC
Borrower Address
1070 Tunnel Rd
Borrower City
ASHEVILLE
Borrower State
NC
Borrower Zip
28805-2014
Loan Status Date
02/18/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
279865.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
67422
Servicing Lender Name
First Horizon Bank
Servicing Lender Address
165 Madison Ave
Servicing Lender City
MEMPHIS
Servicing Lender State
TN
Servicing Lender Zip
38103-2723
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BUNCOMBE
Project State
Project Zip
CD
NC-11
Jobs Reported
38
NAICS Code
446110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
3000.00
Payroll Proceed
267865.00
Mortgage Interest Proceed
Rent Proceed
8000.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
1000
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
281676.35
Forgiveness Date
12/15/2020