# PPP loan: TOWER MRL, INC.
> **$663K** approved 04/07/2020 · Paid in Full · Loan `6646667000`
## Borrower
- **Name:** TOWER MRL, INC.
- **Address:** 3452 Rothamer Rd, COTTAGE GROVE, WI, 53527-9561
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $663K
- **Initial approval:** $663K
- **Forgiven:** $668K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $638K
- **Rent:** $16K
- **Utilities:** $9K
- **Jobs reported:** 52
## Lender
- **Originating:** Merchants Bank, National Association
- **Servicing:** Merchants Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*