# PPP loan: MED-PLUS PHARMACY, INC.
> **$1.49M** approved 04/07/2020 · Paid in Full · Loan `7103477000`
## Borrower
- **Name:** MED-PLUS PHARMACY, INC.
- **Address:** 277 E ROWLAND ST, COVINA, CA, 91723-3149
- **NAICS:** 446110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.49M
- **Initial approval:** $1.49M
- **Forgiven:** $1.50M (101%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.39M
- **Rent:** $65K
- **Utilities:** $31K
- **Jobs reported:** 122
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*