# PPP loan: TOWER OWNERS INC.
> **$240K** approved 04/18/2021 · Paid in Full · Loan `5661918809`
## Borrower
- **Name:** TOWER OWNERS INC.
- **Address:** 35 Seacoast Ter, Brooklyn, NY, 11235-6040
- **NAICS:** 813990
- **Business type:** Housing Co-op
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $240K
- **Initial approval:** $240K
- **Forgiven:** $242K (101%)
- **Forgiveness date:** 03/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $240K
- **Utilities:** $1
- **Jobs reported:** 27
## Lender
- **Originating:** National Cooperative Bank, National Association
- **Servicing:** National Cooperative Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*