# PPP loan: STRATUS SECURITY MANAGEMENT INC.
> **$417K** approved 04/14/2020 · Exemption 4 · Loan `7696767107`
## Borrower
- **Name:** STRATUS SECURITY MANAGEMENT INC.
- **Address:** 19804 FITZPATRICK ST, DETROIT, MI, 48228-1002
- **NAICS:** 561612
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $417K
- **Initial approval:** $417K
- **Forgiven:** $345K (83%)
- **Forgiveness date:** 05/13/2021
- **Status:** Exemption 4
- **Term:** 73 months
## Use of funds
- **Payroll:** $417K
- **Jobs reported:** 90
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*