# PPP loan: PHARMACEUTICAL SPECIALTIES INC
> **$1.38M** approved 04/09/2020 · Paid in Full · Loan `9892427008`
## Borrower
- **Name:** PHARMACEUTICAL SPECIALTIES INC
- **Address:** 1620 INDUSTRIAL DRIVE NW, ROCHESTER, MN, 55901-0732
- **NAICS:** 325620
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.38M
- **Initial approval:** $1.38M
- **Forgiven:** $1.40M (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.38M
- **Jobs reported:** 103
## Lender
- **Originating:** West Bank
- **Servicing:** West Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*