# PPP loan: POWER SECURITY INC
> **$639K** approved 04/11/2020 · Paid in Full · Loan `3505677104`
## Borrower
- **Name:** POWER SECURITY INC
- **Address:** 3N S1 Urb Villa Fontana, CAROLINA, PR, 00985
- **NAICS:** 519130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $639K
- **Initial approval:** $639K
- **Forgiven:** $645K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $628K
- **Rent:** $8K
- **Utilities:** $3K
- **Jobs reported:** 287
## Lender
- **Originating:** Banco Popular de Puerto Rico
- **Servicing:** Banco Popular de Puerto Rico (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*