# PPP loan: PROSEC PROTECTION SYSTEMS INC.
> **$370K** approved 01/27/2021 · Paid in Full · Loan `6637538306`
## Borrower
- **Name:** PROSEC PROTECTION SYSTEMS INC.
- **Address:** 409 Joyce Kilmer Ave Ste 307, New Brunswick, NJ, 08901-3363
- **NAICS:** 561621
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $370K
- **Initial approval:** $370K
- **Forgiven:** $372K (101%)
- **Forgiveness date:** 09/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $370K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** First Business Bank
- **Servicing:** First Business Bank (WI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*