# PPP loan: CHELSEA ROYAL CARE PHARMACY, INC.
> **$538K** approved 05/19/2020 · Paid in Full · Loan `8723927402`
## Borrower
- **Name:** CHELSEA ROYAL CARE PHARMACY, INC.
- **Address:** 154 9th Avenue, New York, NY, 10011
- **NAICS:** 621111
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $538K
- **Initial approval:** $538K
- **Forgiven:** $35K (7%)
- **Forgiveness date:** 08/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $538K
- **Jobs reported:** 1
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*