# PPP loan: HOMETOWN PHARMACY INC
> **$3.19M** approved 04/07/2020 · Paid in Full · Loan `6861087006`
## Borrower
- **Name:** HOMETOWN PHARMACY INC
- **Address:** 60 E. 82ND ST PO Box 884, NEWAYGO, MI, 49337-8005
- **NAICS:** 446110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.19M
- **Initial approval:** $3.19M
- **Forgiven:** $3.23M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.19M
- **Jobs reported:** 416
## Lender
- **Originating:** ChoiceOne Bank
- **Servicing:** ChoiceOne Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*