# PPP loan: CROWN SECURITY SYSTEM INC.
> **$243K** approved 05/18/2021 · Exemption 4 · Loan `3583799005`
## Borrower
- **Name:** CROWN SECURITY SYSTEM INC.
- **Address:** 1650 Tysons Blvd, McLean, VA, 22102-4856
- **NAICS:** 561612
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $243K
- **Initial approval:** $243K
- **Forgiven:** $190K (78%)
- **Forgiveness date:** 07/15/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $243K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** Newtek Small Business Finance, Inc.
- **Servicing:** Newtek Small Business Finance, Inc. (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*