# PPP loan: HI-TEK FIRE SPRINKLERS INC
> **$267K** approved 03/16/2021 · Paid in Full · Loan `3180508608`
## Borrower
- **Name:** HI-TEK FIRE SPRINKLERS INC
- **Address:** 40 Olympic Way, Madison, MS, 39110-8230
- **NAICS:** 922160
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $267K
- **Initial approval:** $267K
- **Forgiven:** $269K (101%)
- **Forgiveness date:** 11/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $267K
- **Utilities:** $1
- **Jobs reported:** 27
## Lender
- **Originating:** First Commercial Bank
- **Servicing:** First Commercial Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*