# PPP loan: STATE ALARM SYSTEMS, INC.
> **$593K** approved 04/30/2020 · Paid in Full · Loan `5143957302`
## Borrower
- **Name:** STATE ALARM SYSTEMS, INC.
- **Address:** 5956 Market St, YOUNGSTOWN, OH, 44512
- **NAICS:** 561621
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $593K
- **Initial approval:** $593K
- **Forgiven:** $600K (101%)
- **Forgiveness date:** 07/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $523K
- **Rent:** $16K
- **Utilities:** $55K
- **Jobs reported:** 71
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*