PPP Loan information for Tower road distributor's inc.

$2,924,672

Tower road distributor's inc. was initially approved for PPP Loan of amount $2,819,100, the current approved amount is $2,924,672. The loan was approved on 04/04/2020 by The Parke Bank reported 223 jobs and $2,924,672 was used to fund payroll.

Tower road distributor's inc. is Existing or more than 2 years old

PPP Loan Search / NJ / DAYTON / Tower road distributor's inc.

TOWER ROAD DISTRIBUTOR'S INC.

Date Approved

04/04/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

TOWER ROAD DISTRIBUTOR'S INC.

Borrower Address

60 TOWER RD

Borrower City

DAYTON

Borrower State

NJ

Borrower Zip

08810-1571

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2819100.00

Current Approval Amount

2924672.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123439

Servicing Lender Name

Parke Bank

Servicing Lender Address

601 Delsea Dr

Servicing Lender City

SEWELL

Servicing Lender State

NJ

Servicing Lender Zip

08080-9325

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DAYTON

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08810-1571

CD

NJ-12

Jobs Reported

223

NAICS Code

493110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2924672.00

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

123439

Originating Lender

Parke Bank

Originating Lender City

SEWELL

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2958549.45

Forgiveness Date

06/09/2021

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