# PPP loan: SECURITY ALARM CORPORATION
> **$375K** approved 04/06/2020 · Paid in Full · Loan `6372587002`
## Borrower
- **Name:** SECURITY ALARM CORPORATION
- **Address:** 1511 E. MAIN ST, SALEM, IL, 62881-3553
- **NAICS:** 561990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $375K
- **Initial approval:** $375K
- **Forgiven:** $377K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $375K
- **Jobs reported:** 30
## Lender
- **Originating:** Peoples National Bank, National Association
- **Servicing:** Peoples National Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*