PPP Loan information for Milner-rushing discount drugs, inc.

$519,935

Milner-rushing discount drugs, inc. was initially approved for PPP Loan of amount $519,935, the current approved amount is $519,935. The loan was approved on 04/07/2020 by The Bank Independent reported 49 jobs and $519,935 was used to fund payroll.

Milner-rushing discount drugs, inc. is Existing or more than 2 years old

MILNER-RUSHING DISCOUNT DRUGS, INC.

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MILNER-RUSHING DISCOUNT DRUGS, INC.

Borrower Address

869 Florence Blvd

Borrower City

FLORENCE

Borrower State

AL

Borrower Zip

35630-4870

Loan Status Date

01/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

519934.95

Current Approval Amount

519934.95

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3273

Servicing Lender Name

Bank Independent

Servicing Lender Address

710 S Montgomery Ave

Servicing Lender City

SHEFFIELD

Servicing Lender State

AL

Servicing Lender Zip

35660-3812

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FLORENCE

Project County Name

LAUDERDALE

Project State

AL

Project Zip

35630-4870

CD

AL-05

Jobs Reported

49

NAICS Code

446110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14000.00

Payroll Proceed

434934.95

Mortgage Interest Proceed

0.00

Rent Proceed

25000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

45000.00

Debt Interest Proceed

1000

Business Type

Subchapter S Corporation

Originating Lender Location Id

3273

Originating Lender

Bank Independent

Originating Lender City

SHEFFIELD

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

523560.05

Forgiveness Date

12/21/2020

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