# PPP loan: TOWNCREST PHARMACY CORPORATION
> **$267K** approved 04/07/2020 · Paid in Full · Loan `7020067000`
## Borrower
- **Name:** TOWNCREST PHARMACY CORPORATION
- **Address:** 2306 MUSCATINE AVE, IOWA CITY, IA, 52240-6637
- **NAICS:** 621399
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $267K
- **Initial approval:** $267K
- **Forgiven:** $268K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $267K
- **Jobs reported:** 32
## Lender
- **Originating:** Hills Bank and Trust Company
- **Servicing:** Hills Bank and Trust Company (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*