# PPP loan: TOWNSEND INDUSTRIES, INC
> **$2.81M** approved 04/30/2020 · Paid in Full · Loan `7563237304`
## Borrower
- **Name:** TOWNSEND INDUSTRIES, INC
- **Address:** 4615 Shepard Street, Bakersfield, CA, 93313
- **NAICS:** 339113
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $2.81M
- **Initial approval:** $2.81M
- **Forgiven:** $2.84M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.81M
- **Jobs reported:** 287
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*