# PPP loan: TOWERS FACTORY CORP
> **$333K** approved 05/22/2021 · Paid in Full · Loan `5256419009`
## Borrower
- **Name:** TOWERS FACTORY CORP
- **Address:** 1077 North Ave Ste 1156, Elizabeth, NJ, 07201-4619
- **NAICS:** 484220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $333K
- **Initial approval:** $333K
- **Forgiven:** $335K (101%)
- **Forgiveness date:** 03/17/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $333K
- **Utilities:** $1
- **Jobs reported:** 33
## 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*