# PPP loan: PARAMOUNT FIRE SYSTEMS INC
> **$239K** approved 04/13/2020 · Paid in Full · Loan `5572617107`
## Borrower
- **Name:** PARAMOUNT FIRE SYSTEMS INC
- **Address:** 8049 WING AVE, EL CAJON, CA, 92020-1245
- **NAICS:** 922160
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $239K
- **Initial approval:** $239K
- **Forgiven:** $241K (101%)
- **Forgiveness date:** 03/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $179K
- **Utilities:** $60K
- **Jobs reported:** 25
## Lender
- **Originating:** California Bank of Commerce, NA
- **Servicing:** California Bank of Commerce, NA (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*