PPP Loan information for Tower capital group lp

$847,271

Tower capital group lp was initially approved for PPP Loan of amount $847,271, the current approved amount is $847,271. The loan was approved on 04/10/2020 by The Midland States Bank reported 135 jobs and $847,271 was used to fund payroll.

Tower capital group lp is New Business or 2 years or less

PPP Loan Search / IL / SPRINGFIELD / Tower capital group lp

TOWER CAPITAL GROUP LP

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

TOWER CAPITAL GROUP LP

Borrower Address

700 E ADAMS

Borrower City

SPRINGFIELD

Borrower State

IL

Borrower Zip

62701

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

847271.00

Current Approval Amount

847271.00

Undisbursed Amount

0.00

Franchise Name

Wyndham Hotels and Resorts® 

Servicing Lender Location Id

21299

Servicing Lender Name

Midland States Bank

Servicing Lender Address

110 S. 5th St

Servicing Lender City

EFFINGHAM

Servicing Lender State

IL

Servicing Lender Zip

62401-2453

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SPRINGFIELD

Project County Name

SANGAMON

Project State

IL

Project Zip

62701-1000

CD

IL-13

Jobs Reported

135

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

21180.00

Payroll Proceed

804910.00

Mortgage Interest Proceed

0.00

Rent Proceed

21181.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Partnership

Originating Lender Location Id

21299

Originating Lender

Midland States Bank

Originating Lender City

EFFINGHAM

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

855325.88

Forgiveness Date

03/31/2021

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