# PPP loan: TOWER EQUIPMENT CO. INC.
> **$161K** approved 04/08/2020 · Paid in Full · Loan `7934847005`
## Borrower
- **Name:** TOWER EQUIPMENT CO. INC.
- **Address:** 1320 W BROAD ST, STRATFORD, CT, 06615-5747
- **NAICS:** 423730
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $161K
- **Initial approval:** $152K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 01/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $161K
- **Jobs reported:** 8
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*