# PPP loan: TOWERDATA, INC.
> **$388K** approved 05/22/2020 · Paid in Full · Loan `2034817804`
## Borrower
- **Name:** TOWERDATA, INC.
- **Address:** 33 Irving Place, 3rd Floor, Suite 4048, NEW YORK, NY, 10003
- **NAICS:** 541613
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $388K
- **Initial approval:** $388K
- **Forgiven:** $393K (101%)
- **Forgiveness date:** 08/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $325K
- **Rent:** $25K
- **Utilities:** $800
- **Health care:** $37K
- **Jobs reported:** 18
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*