Tower Energy Group

$588,600 PPP Loan in Torrance, California

Loan Details

Loan Number
7463547001
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$588,600
Current Approval
$588,600
Forgiveness Amount
$592,857
Forgiveness Date
Jan 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Tower Energy Group
Address
1983 W. 190th Street
ZIP Code
90504-6202
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424720)
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$10.0M
Rural/Urban
Urban
Congressional District
CA-43

Loan Use Breakdown

Payroll
$555,900
Health Care
$32,700

Lender Information

Servicing Lender
City National Bank
Originating Lender
City National Bank

Other PPP Loans in Torrance, CA

BusinessApproved
Bright Event Rentals, LLC$10,000,000NewBizBotAI Deep Dive
Lundquist Institute for Biomedical Innovation at Harbor-Ucla$8,829,112NewBizBotAI Deep Dive
Canoo Inc.$7,016,701NewBizBotAI Deep Dive
Tk Services, Inc.$6,920,650NewBizBotAI Deep Dive
Yoshinoya America, INC$6,879,552NewBizBotAI Deep Dive

Want to research this company further?