# PPP loan: PHARMACY MANAGEMENT COMPANY
> **$605K** approved 04/13/2020 · Exemption 4 · Loan `4573167100`
## Borrower
- **Name:** PHARMACY MANAGEMENT COMPANY
- **Address:** 1107 West Market Center Drive, High Point, NC, 27260-1642
- **NAICS:** 424210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $605K
- **Initial approval:** $605K
- **Forgiven:** $403K (67%)
- **Forgiveness date:** 02/10/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $484K
- **Rent:** $115K
- **Utilities:** $6K
- **Jobs reported:** 68
## Lender
- **Originating:** Blue Ridge Bank, National Association
- **Servicing:** Blue Ridge Bank, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*