# PPP loan: GENERAL FIRE SPRINKLER CO.
> **$270K** approved 03/20/2021 · Paid in Full · Loan `5214568602`
## Borrower
- **Name:** GENERAL FIRE SPRINKLER CO.
- **Address:** 1824 Danielle Ln, Belvidere, IL, 61008-9504
- **NAICS:** 541990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $270K
- **Initial approval:** $270K
- **Forgiven:** $273K (101%)
- **Forgiveness date:** 03/22/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $270K
- **Jobs reported:** 12
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*