PPP Loan information for Tower electric inc

$102,500

Tower electric inc was initially approved for PPP Loan of amount $102,500, the current approved amount is $102,500. The loan was approved on 03/26/2021 by The Customers Bank reported 6 jobs and $102,500 was used to fund payroll.

Tower electric inc is Existing or more than 2 years old

TOWER ELECTRIC INC

Date Approved

03/26/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

TOWER ELECTRIC INC

Borrower Address

2119 40th Ave N/A

Borrower City

Long Island City

Borrower State

NY

Borrower Zip

11101-4839

Loan Status Date

11/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

102500.00

Current Approval Amount

102500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Long Island City

Project County Name

QUEENS

Project State

NY

Project Zip

11101-4839

CD

NY-07

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

102495.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

102943.70

Forgiveness Date

09/14/2021

;