# PPP loan: LLOYD SECURITY, INC
> **$178K** approved 04/10/2020 · Paid in Full · Loan `1663977107`
## Borrower
- **Name:** LLOYD SECURITY, INC
- **Address:** 1775  Old Highway 8 NW, Suite 110, New Brighton, MN, 55112
- **NAICS:** 561621
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $178K
- **Initial approval:** $178K
- **Forgiven:** $180K (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $142K
- **Rent:** $8K
- **Utilities:** $21K
- **Health care:** $6K
- **Jobs reported:** 12
## Lender
- **Originating:** VisionBank
- **Servicing:** VisionBank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*