# PPP loan: ELM PHARMACY
> **$150K** approved 04/27/2020 · Paid in Full · Loan `4574797201`
## Borrower
- **Name:** ELM PHARMACY
- **Address:** 1651 Coney Island Ave, Brooklyn, NY, 11230
- **NAICS:** 446110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $117K
- **Rent:** $15K
- **Utilities:** $2K
- **Health care:** $17K
- **Jobs reported:** 7
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*