AMERICAN PHARMACY COOPERATIVE INC (AL) - 2020 PPP Loan Borrower Profile (# 5608967001)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to AMERICAN PHARMACY COOPERATIVE INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in Alabama.
Loan Detail
Loan Number
5608967001
SBA Office Code
0459
Processing Method
PPP
Curent Loan Amount
$656,200
Date Loan was Approved
Apr 6, 2020
Amount Forgiven
$660,920.99
Date Loan was Forgiven
Dec 30, 2020
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
6,200
Payroll Proced
650,000
Lender
ServisFirst Bank
Business Detail
Business Type
Non-Profit Organization
NAICS
813920
Borrower Location
BESSEMER, AL
Project Location
BESSEMER, AL
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
56
Business Age Description
Existing or more than 2 years old
Data Source: SBA.