PPP Loan information for Tower optical corporation

$167,000

Tower optical corporation was initially approved for PPP Loan of amount $150,000, the current approved amount is $167,000. The loan was approved on 04/10/2020 by The Paradise Bank reported 18 jobs and $167,000 was used to fund payroll.

Tower optical corporation is Existing or more than 2 years old

TOWER OPTICAL CORPORATION

Date Approved

04/10/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

TOWER OPTICAL CORPORATION

Borrower Address

3600 S CONGRESS AVE

Borrower City

BOYNTON BEACH

Borrower State

FL

Borrower Zip

33426-8411

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

150000.00

Current Approval Amount

167000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434144

Servicing Lender Name

Paradise Bank

Servicing Lender Address

2420 N Federal Hwy

Servicing Lender City

BOCA RATON

Servicing Lender State

FL

Servicing Lender Zip

33431-7714

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOYNTON BEACH

Project County Name

PALM BEACH

Project State

FL

Project Zip

33426-8411

CD

FL-22

Jobs Reported

18

NAICS Code

339113

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

154000.00

Mortgage Interest Proceed

0.00

Rent Proceed

13000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

434144

Originating Lender

Paradise Bank

Originating Lender City

BOCA RATON

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

167937.06

Forgiveness Date

11/03/2020

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