PPP Loan information for Towers factory corp

$332,625

Towers factory corp was initially approved for PPP Loan of amount $332,625, the current approved amount is $332,625. The loan was approved on 05/22/2021 by The JPMorgan Chase Bank, National Association reported 33 jobs and $332,625 was used to fund payroll.

Towers factory corp is Existing or more than 2 years old

TOWERS FACTORY CORP

Date Approved

05/22/2021

SBA Office Code

0299

Processing Method

PPP

Borrower Name

TOWERS FACTORY CORP

Borrower Address

1077 North Ave Ste 1156

Borrower City

Elizabeth

Borrower State

NJ

Borrower Zip

07201-4619

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

332625.00

Current Approval Amount

332625.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Elizabeth

Project County Name

UNION

Project State

NJ

Project Zip

07201-4619

CD

NJ-08

Jobs Reported

33

NAICS Code

484220

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

332619.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

335296.16

Forgiveness Date

03/17/2022

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