PPP Loan information for Tower mrl, inc.

$662,500

Tower mrl, inc. was initially approved for PPP Loan of amount $662,500, the current approved amount is $662,500. The loan was approved on 04/07/2020 by The Merchants Bank, National Association reported 52 jobs and $662,500 was used to fund payroll.

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

PPP Loan Search / WI / COTTAGE GROVE / Tower mrl, inc.

TOWER MRL, INC.

Date Approved

04/07/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

TOWER MRL, INC.

Borrower Address

3452 Rothamer Rd

Borrower City

COTTAGE GROVE

Borrower State

WI

Borrower Zip

53527-9561

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

662500.00

Current Approval Amount

662500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COTTAGE GROVE

Project County Name

DANE

Project State

WI

Project Zip

53527-9561

CD

WI-02

Jobs Reported

52

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9480.00

Payroll Proceed

637500.00

Mortgage Interest Proceed

0.00

Rent Proceed

15520.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

667652.78

Forgiveness Date

01/25/2021

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