# PPP loan: PHARMACISTS MUTUAL INSURANCE COMPANY
> **$5.28M** approved 04/03/2020 · Paid in Full · Loan `4476107004`
## Borrower
- **Name:** PHARMACISTS MUTUAL INSURANCE COMPANY
- **Address:** 808 Highway 18 W, ALGONA, IA, 50511
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.28M
- **Initial approval:** $5.28M
- **Forgiven:** $5.39M (102%)
- **Forgiveness date:** 05/19/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.28M
- **Jobs reported:** 250
## Lender
- **Originating:** Iowa State Bank
- **Servicing:** Iowa State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*