PPP Loan information for Tower business machines inc.

$42,300

Tower business machines inc. was initially approved for PPP Loan of amount $42,300, the current approved amount is $42,300. The loan was approved on 01/27/2021 by The Citizens Bank, National Association reported 5 jobs and $42,300 was used to fund payroll.

Tower business machines inc. is Existing or more than 2 years old

TOWER BUSINESS MACHINES INC.

Date Approved

01/27/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

TOWER BUSINESS MACHINES INC.

Borrower Address

278 Quigley Blvd

Borrower City

Historic New Castle

Borrower State

DE

Borrower Zip

19720-4106

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

42300.00

Current Approval Amount

42300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Historic New Castle

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19720-4106

CD

DE-

Jobs Reported

5

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

42295.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

42809.92

Forgiveness Date

04/19/2022

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