# PPP loan: TOWLIFT, INC.
> **$5.59M** approved 04/08/2020 · Paid in Full · Loan `8593587005`
## Borrower
- **Name:** TOWLIFT, INC.
- **Address:** 1395 VALLEY BELT RD, BROOKLYN HEIGHTS, OH, 44131-1438
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.59M
- **Initial approval:** $5.59M
- **Forgiven:** $5.66M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.59M
- **Jobs reported:** 378
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*