# PPP loan: PEOPLES PHARMACY INC
> **$1.87M** approved 02/22/2021 · Paid in Full · Loan `2898818503`
## Borrower
- **Name:** PEOPLES PHARMACY INC
- **Address:** 3801 S Lamar Blvd Ste C, Austin, TX, 78704-8173
- **NAICS:** 446110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.87M
- **Initial approval:** $1.87M
- **Forgiven:** $1.89M (101%)
- **Forgiveness date:** 04/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.87M
- **Utilities:** $1
- **Jobs reported:** 163
## Lender
- **Originating:** American Bank of Commerce
- **Servicing:** American Bank of Commerce (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*