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
- City
- Torrance
- State
- California
- 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
| Business | Approved | |
|---|---|---|
| Bright Event Rentals, LLC | $10,000,000 | |
| Lundquist Institute for Biomedical Innovation at Harbor-Ucla | $8,829,112 | |
| Canoo Inc. | $7,016,701 | |
| Tk Services, Inc. | $6,920,650 | |
| Yoshinoya America, INC | $6,879,552 |
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