Tower Products Incorporated
$1,798,172 PPP Loan in Saugerties, New York
Loan Details
- Loan Number
- 8084807110
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,798,172
- Current Approval
- $1,798,172
- Forgiveness Amount
- $1,809,306
- Forgiveness Date
- Dec 4, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Tower Products Incorporated
- Address
- 1 Tower Drive Box 397
- City
- Saugerties
- State
- New York
- ZIP Code
- 12477
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (454110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 172
- Estimated Revenue
- $42.9M
- Rural/Urban
- Rural
- Congressional District
- NY-19
Loan Use Breakdown
- Payroll
- $1,350,000
- Rent
- $61,705
- Utilities
- $15,000
- Health Care
- $275,000
- Debt Interest
- $96,467
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
Other PPP Loans in Saugerties, NY
| Business | Approved | |
|---|---|---|
| Ceres Technologies Inc. | $1,795,602 |  AI Deep Dive |
| Ceres Technologies Inc. | $1,569,512 | AI Deep Dive |
| Project Youth Exposure | $1,520,772 | AI Deep Dive |
| Intrust Investment Realty LLC | $1,354,112 | AI Deep Dive |
| Provident Investment Realty, LLC | $1,309,897 | AI Deep Dive |
Want to research this company further?
Try NewBizBot free