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
Servicing Lender Zip
33431-7714
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
PALM BEACH
Project State
Project Zip
CD
FL-22
Jobs Reported
18
NAICS Code
339113
Race
White
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
154000.00
Mortgage Interest Proceed
Rent Proceed
13000.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
167937.06
Forgiveness Date
11/03/2020