# PPP loan: ARK PHARMACIES, INC.
> **$752K** approved 04/06/2020 · Paid in Full · Loan `6154237004`
## Borrower
- **Name:** ARK PHARMACIES, INC.
- **Address:** 215 N UNIVERSITY DR, NACOGDOCHES, TX, 75961-5122
- **NAICS:** 446110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $752K
- **Initial approval:** $752K
- **Forgiven:** $759K (101%)
- **Forgiveness date:** 04/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $602K
- **Rent:** $151K
- **Jobs reported:** 74
## Lender
- **Originating:** Commercial Bank of Texas, N.A.
- **Servicing:** Commercial Bank of Texas, N.A. (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*