PPP Loan information for Independent pharmacy cooperative

$2,000,000

Independent pharmacy cooperative was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 04/11/2020 by The JPMorgan Chase Bank, National Association reported 161 jobs and $2,000,000 was used to fund payroll.

Independent pharmacy cooperative is Existing or more than 2 years old

INDEPENDENT PHARMACY COOPERATIVE

Date Approved

04/11/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

INDEPENDENT PHARMACY COOPERATIVE

Borrower Address

1550 Columbus St 0.0

Borrower City

Sun Prairie

Borrower State

WI

Borrower Zip

53590-3901

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sun Prairie

Project County Name

DANE

Project State

WI

Project Zip

53590-3901

CD

WI-02

Jobs Reported

161

NAICS Code

424210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

17000.00

Payroll Proceed

1710000.00

Mortgage Interest Proceed

19000.00

Rent Proceed

56000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

198000.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2023737.78

Forgiveness Date

06/24/2021

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