# PPP loan: ALARM SERVICES NETWORK INC
> **$263K** approved 04/14/2020 · Paid in Full · Loan `5917787108`
## Borrower
- **Name:** ALARM SERVICES NETWORK INC
- **Address:** 3039 DIXIE HWY, WATERFORD, MI, 48328-1719
- **NAICS:** 561621
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $263K
- **Initial approval:** $263K
- **Forgiven:** $265K (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $244K
- **Rent:** $15K
- **Utilities:** $4K
- **Jobs reported:** 18
## Lender
- **Originating:** Waterford Bank, National Association
- **Servicing:** Waterford Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*