# PPP loan: ALARM AND CONTROL SYSTEM CO INC
> **$190K** approved 04/28/2020 · Paid in Full · Loan `7057847209`
## Borrower
- **Name:** ALARM AND CONTROL SYSTEM CO INC
- **Address:** URB CAPARRA HEIGHTS  566 CALLE ESMIRNA, SAN JUAN, PR, 00920
- **NAICS:** 561621
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $190K
- **Initial approval:** $190K
- **Forgiven:** $191K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $152K
- **Rent:** $2K
- **Mortgage interest:** $5K
- **Utilities:** $31K
- **Jobs reported:** 21
## Lender
- **Originating:** Banco Popular de Puerto Rico
- **Servicing:** Banco Popular de Puerto Rico (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*