# PPP loan: TOWER OPTICAL CORPORATION
> **$167K** approved 04/10/2020 · Paid in Full · Loan `1839667102`
## Borrower
- **Name:** TOWER OPTICAL CORPORATION
- **Address:** 3600 S CONGRESS AVE, BOYNTON BEACH, FL, 33426-8411
- **NAICS:** 339113
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $167K
- **Initial approval:** $150K
- **Forgiven:** $168K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $154K
- **Rent:** $13K
- **Jobs reported:** 18
## Lender
- **Originating:** Paradise Bank
- **Servicing:** Paradise Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*