# PPP loan: THE MEDICINE CABINET INC
> **$333K** approved 04/16/2020 · Paid in Full · Loan `2794647205`
## Borrower
- **Name:** THE MEDICINE CABINET INC
- **Address:** 9901 Paramount Blvd Suite 110, DOWNEY, CA, 90240
- **NAICS:** 446110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $333K
- **Initial approval:** $333K
- **Forgiven:** $337K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $265K
- **Rent:** $52K
- **Utilities:** $10K
- **Health care:** $6K
- **Jobs reported:** 57
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*