# PPP loan: CHECKMATE SECURITY SYSTEMS, INC
> **$220K** approved 04/16/2020 · Paid in Full · Loan `2357737210`
## Borrower
- **Name:** CHECKMATE SECURITY SYSTEMS, INC
- **Address:** 65 John St,, BABYLON, NY, 11702
- **NAICS:** 561621
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $220K
- **Initial approval:** $220K
- **Forgiven:** $221K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $176K
- **Rent:** $44K
- **Jobs reported:** 12
## Lender
- **Originating:** Dime Community Bank
- **Servicing:** Dime Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*