# PPP loan: ALARM SYSTEMS, INC
> **$177K** approved 04/06/2020 · Paid in Full · Loan `6412817005`
## Borrower
- **Name:** ALARM SYSTEMS, INC
- **Address:** 510 MAINE ST, 7th Floor, QUINCY, IL, 62301-3941
- **NAICS:** 561621
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $178K (101%)
- **Forgiveness date:** 11/20/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $177K
- **Jobs reported:** 19
## Lender
- **Originating:** United Community Bank
- **Servicing:** United Community Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*