# PPP loan: ALARMTEC SYSTEMS OF MEMPHIS, LLC
> **$178K** approved 04/29/2020 · Paid in Full · Loan `2571617308`
## Borrower
- **Name:** ALARMTEC SYSTEMS OF MEMPHIS, LLC
- **Address:** 2035 FLETCHER CREEK DR #102, MEMPHIS, TN, 38133
- **NAICS:** 561621
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $178K
- **Initial approval:** $178K
- **Forgiven:** $180K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $178K
- **Jobs reported:** 17
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*