# PPP loan: AMERICAN ALARM SYSTEMS INC
> **$278K** approved 04/09/2020 · Paid in Full · Loan `1048137100`
## Borrower
- **Name:** AMERICAN ALARM SYSTEMS INC
- **Address:** 1101 S Grand Ave STE G, SANTA ANA, CA, 92705-4100
- **NAICS:** 561621
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $278K
- **Initial approval:** $278K
- **Forgiven:** $280K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $278K
- **Jobs reported:** 19
## Lender
- **Originating:** Farmers & Merchants Bank of Long Beach
- **Servicing:** Farmers & Merchants Bank of Long Beach (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*