PPP Loan information for Economy drug, inc

$118,924

Economy drug, inc was initially approved for PPP Loan of amount $118,924, the current approved amount is $118,924. The loan was approved on 05/11/2020 by The The First National Bank of Ely reported 16 jobs and $118,924 was used to fund payroll.

Economy drug, inc is Existing or more than 2 years old

ECONOMY DRUG, INC

Date Approved

05/11/2020

SBA Office Code

0944

Processing Method

PPP

Borrower Name

ECONOMY DRUG, INC

Borrower Address

696 Aultman Street

Borrower City

ELY

Borrower State

NV

Borrower Zip

89301

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

118924.00

Current Approval Amount

118924.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42754

Servicing Lender Name

The First National Bank of Ely

Servicing Lender Address

595 Aultman St

Servicing Lender City

ELY

Servicing Lender State

NV

Servicing Lender Zip

89301-1554

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELY

Project County Name

WHITE PINE

Project State

NV

Project Zip

89301-0007

CD

NV-02

Jobs Reported

16

NAICS Code

446110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

14865.00

Payroll Proceed

89194.00

Mortgage Interest Proceed

0.00

Rent Proceed

14865.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

42754

Originating Lender

The First National Bank of Ely

Originating Lender City

ELY

Originating Lender State

NV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

119732.03

Forgiveness Date

01/25/2021

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