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Jul 26, 2022

Pharmacy Express Limited Breaks Silence on Proposed $7 S.S.B. Loan

Pharmacy Express Limited (P.E.L.) has broken its silence on the proposed seven million dollar loan from the Social Security Board. As we reported on Monday, the Social Security Board is proposing a seven million dollar loan to Pharmacy Express Limited which will be used for refinancing and inventory purposes.  A release from the company notes that it has been in operation within the tourism village since 2001, and was incorporated in December of 2003. The release goes on to say that the business caters strictly to cruise ship passengers. As for its financial standing, P.E.L. says audited records reveal that is has successfully operated for the past twenty-one years, and as such will be able to meet its financial obligations to the Social Security Board. In its release, the company notes that at no time did it seek any government or political influence for the loan to be approved.

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