# PPP loan: MILNER-RUSHING DISCOUNT DRUGS, INC.
> **$520K** approved 04/07/2020 · Paid in Full · Loan `6872297005`
## Borrower
- **Name:** MILNER-RUSHING DISCOUNT DRUGS, INC.
- **Address:** 869 Florence Blvd, FLORENCE, AL, 35630-4870
- **NAICS:** 446110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $520K
- **Initial approval:** $520K
- **Forgiven:** $524K (101%)
- **Forgiveness date:** 12/21/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $435K
- **Rent:** $25K
- **Utilities:** $14K
- **Health care:** $45K
- **Debt interest:** $1K
- **Jobs reported:** 49
## 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*