# PPP loan: TOWERPOINT CAPITAL, LLC
> **$697K** approved 04/08/2020 · Paid in Full · Loan `8701847009`
## Borrower
- **Name:** TOWERPOINT CAPITAL, LLC
- **Address:** 1170 Peachtree St NE Suite 1650, Atlanta, GA, 30309-7675
- **NAICS:** 551112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $697K
- **Initial approval:** $697K
- **Forgiven:** $706K (101%)
- **Forgiveness date:** 07/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $642K
- **Rent:** $30K
- **Health care:** $25K
- **Jobs reported:** 34
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*