# PPP loan: PAYLESS PHARMACY EXPRESS 1 INC
> **$155K** approved 04/27/2020 · Paid in Full · Loan `5388527202`
## Borrower
- **Name:** PAYLESS PHARMACY EXPRESS 1 INC
- **Address:** 2122 Danville Rd SW, Decatur, AL, 35601
- **NAICS:** 446110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $155K
- **Initial approval:** $155K
- **Forgiven:** $156K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $142K
- **Rent:** $8K
- **Utilities:** $5K
- **Jobs reported:** 14
## Lender
- **Originating:** Bank Independent
- **Servicing:** Bank Independent (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*