# PPP loan: LOWRY RESEARCH CORPORATION
> **$176K** approved 05/01/2020 · Paid in Full · Loan `2937137704`
## Borrower
- **Name:** LOWRY RESEARCH CORPORATION
- **Address:** The Towers 11300 US Highway One, Ste 400, Palm Beach Gardens, FL, 33408
- **NAICS:** 561499
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $176K
- **Initial approval:** $176K
- **Forgiven:** $177K (100%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $141K
- **Rent:** $30K
- **Health care:** $5K
- **Jobs reported:** 11
## 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*