PPP Loan information for Tower development, inc.

$226,000

Tower development, inc. was initially approved for PPP Loan of amount $226,000, the current approved amount is $226,000. The loan was approved on 04/04/2020 by The Robertson Banking Company reported 14 jobs and $226,000 was used to fund payroll.

Tower development, inc. is Existing or more than 2 years old

PPP Loan Search / AL / VESTAVIA / Tower development, inc.

TOWER DEVELOPMENT, INC.

Date Approved

04/04/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

TOWER DEVELOPMENT, INC.

Borrower Address

2106 Devereux Circle

Borrower City

VESTAVIA

Borrower State

AL

Borrower Zip

35243-2556

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

226000.00

Current Approval Amount

226000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

1952

Servicing Lender Name

Robertson Banking Company

Servicing Lender Address

216 N Walnut Ave

Servicing Lender City

DEMOPOLIS

Servicing Lender State

AL

Servicing Lender Zip

36732-2032

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VESTAVIA

Project County Name

JEFFERSON

Project State

AL

Project Zip

35243-2556

CD

AL-06

Jobs Reported

14

NAICS Code

236117

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

226000.00

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

Subchapter S Corporation

Originating Lender Location Id

1952

Originating Lender

Robertson Banking Company

Originating Lender City

DEMOPOLIS

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

227293.22

Forgiveness Date

11/03/2020

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