# PPP loan: TOWNER ELECTRONICS, INC.
> **$314K** approved 04/04/2020 · Paid in Full · Loan `4618517005`
## Borrower
- **Name:** TOWNER ELECTRONICS, INC.
- **Address:** 2511 INDUSTRIAL DR STE B, JEFFERSON CITY, MO, 65109-0700
- **NAICS:** 237130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $314K
- **Initial approval:** $314K
- **Forgiven:** $316K (101%)
- **Forgiveness date:** 02/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $235K
- **Rent:** $39K
- **Utilities:** $39K
- **Jobs reported:** 26
## Lender
- **Originating:** The Central Trust Bank
- **Servicing:** The Central Trust Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*