PPP Loan information for The apothecary drugs inc

$138,820

The apothecary drugs inc was initially approved for PPP Loan of amount $138,820, the current approved amount is $138,820. The loan was approved on 04/08/2020 by The Mercantile Bank reported 15 jobs and $138,820 was used to fund payroll.

The apothecary drugs inc is Existing or more than 2 years old

PPP Loan Search / MI / LANSING / The apothecary drugs inc

THE APOTHECARY DRUGS INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

THE APOTHECARY DRUGS INC

Borrower Address

737 N GRAND AVE

Borrower City

LANSING

Borrower State

MI

Borrower Zip

48906-5100

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

138820.00

Current Approval Amount

138820.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LANSING

Project County Name

INGHAM

Project State

MI

Project Zip

48906-5100

CD

MI-07

Jobs Reported

15

NAICS Code

446110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6941.00

Payroll Proceed

117997.00

Mortgage Interest Proceed

0.00

Rent Proceed

6941.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6941.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

140215.81

Forgiveness Date

04/19/2021

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