Milner-Rushing Discount Drugs, Inc.

$519,935 PPP Loan in Florence, Alabama

Loan Details

Loan Number
6872297005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$519,935
Current Approval
$519,935
Forgiveness Amount
$523,560
Forgiveness Date
Dec 21, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Milner-Rushing Discount Drugs, Inc.
Address
869 Florence Blvd
State
Alabama
ZIP Code
35630-4870
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (446110)
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
$8.6M
Rural/Urban
Rural
Congressional District
AL-05

Loan Use Breakdown

Payroll
$434,935
Rent
$25,000
Utilities
$14,000
Health Care
$45,000
Debt Interest
$1,000

Lender Information

Servicing Lender
Bank Independent
Originating Lender
Bank Independent

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