# PPP loan: AMERICAN PHARMACY COOPERATIVE INC
> **$656K** approved 04/06/2020 · Paid in Full · Loan `5608967001`
## Borrower
- **Name:** AMERICAN PHARMACY COOPERATIVE INC
- **Address:** 5601 SHIRLEY PARK DR, BESSEMER, AL, 35022-3402
- **NAICS:** 813920
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $656K
- **Initial approval:** $656K
- **Forgiven:** $661K (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $650K
- **Utilities:** $6K
- **Jobs reported:** 56
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*