# PPP loan: TITAN ALARM INC
> **$444K** approved 04/10/2020 · Paid in Full · Loan `2208387110`
## Borrower
- **Name:** TITAN ALARM INC
- **Address:** 875 E Covey Lane, PHOENIX, AZ, 85024-5628
- **NAICS:** 561621
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $444K
- **Initial approval:** $444K
- **Forgiven:** $448K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $333K
- **Mortgage interest:** $56K
- **Utilities:** $56K
- **Jobs reported:** 46
## Lender
- **Originating:** First Source Federal Credit Union
- **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*