# PPP loan: WESTMORELAND PHARMACY, INC.
> **$151K** approved 04/08/2020 · Paid in Full · Loan `8687307003`
## Borrower
- **Name:** WESTMORELAND PHARMACY, INC.
- **Address:** 1945 STATE ST SUITE 100, NEW ALBANY, IN, 47150-4919
- **NAICS:** 446110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $151K
- **Initial approval:** $151K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $136K
- **Rent:** $14K
- **Jobs reported:** 16
## Lender
- **Originating:** First Savings Bank
- **Servicing:** First Savings Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*