# PPP loan: MILWAUKEE ALARM CO INC
> **$243K** approved 04/06/2020 · Paid in Full · Loan `6408867006`
## Borrower
- **Name:** MILWAUKEE ALARM CO INC
- **Address:** 2241 S 116TH ST, West Allis, WI, 53227-1007
- **NAICS:** 561621
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $243K
- **Initial approval:** $243K
- **Forgiven:** $245K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $211K
- **Rent:** $14K
- **Utilities:** $3K
- **Health care:** $14K
- **Jobs reported:** 23
## Lender
- **Originating:** Peoples State Bank
- **Servicing:** Peoples State Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*