# PPP loan: MELVIN'S DISCOUNT PHARMACY, INC.
> **$248K** approved 04/14/2020 · Paid in Full · Loan `7274797105`
## Borrower
- **Name:** MELVIN'S DISCOUNT PHARMACY, INC.
- **Address:** 828 W. Hillsboro, EL DORADO, AR, 71730
- **NAICS:** 446110
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $248K
- **Initial approval:** $248K
- **Forgiven:** $251K (101%)
- **Forgiveness date:** 05/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $248K
- **Jobs reported:** 24
## Lender
- **Originating:** Simmons Bank
- **Servicing:** Simmons Bank (AR)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*