# PPP loan: TOWER CAPITAL GROUP LP
> **$847K** approved 04/10/2020 · Paid in Full · Loan `1732287106`
## Borrower
- **Name:** TOWER CAPITAL GROUP LP
- **Address:** 700 E ADAMS, SPRINGFIELD, IL, 62701
- **NAICS:** 721110
- **Business type:** Limited Liability Partnership
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $847K
- **Initial approval:** $847K
- **Forgiven:** $855K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $805K
- **Rent:** $21K
- **Utilities:** $21K
- **Jobs reported:** 135
## Lender
- **Originating:** Midland States Bank
- **Servicing:** Midland States Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*