# PPP loan: TOWER MANAGEMENT REAL ESTATE, LLC
> **$590K** approved 04/08/2020 · Paid in Full · Loan `8671567006`
## Borrower
- **Name:** TOWER MANAGEMENT REAL ESTATE, LLC
- **Address:** 1910 ALBERT PIKE RD, HOT SPRINGS NATIONAL PARK, AR, 71913-4011
- **NAICS:** 531390
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $590K
- **Initial approval:** $590K
- **Forgiven:** $594K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $443K
- **Rent:** $89K
- **Utilities:** $59K
- **Jobs reported:** 80
## Lender
- **Originating:** Southern Bancorp Bank
- **Servicing:** Southern Bancorp Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*