# PPP loan: HI-TEK FIRE SPRINKLER
> **$277K** approved 04/04/2020 · Paid in Full · Loan `4677057009`
## Borrower
- **Name:** HI-TEK FIRE SPRINKLER
- **Address:** 40 Olympic Way, MADISON, MS, 39130
- **NAICS:** 238290
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $277K
- **Initial approval:** $277K
- **Forgiven:** $279K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $254K
- **Rent:** $19K
- **Utilities:** $4K
- **Jobs reported:** 26
## Lender
- **Originating:** First Commercial Bank
- **Servicing:** First Commercial Bank (MS)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*