# PPP loan: ALARM DETECTION SYSTEMS, INC.
> **$4.74M** approved 04/15/2020 · Paid in Full · Loan `8307537110`
## Borrower
- **Name:** ALARM DETECTION SYSTEMS, INC.
- **Address:** 1111 Church Road, Aurora, IL, 60505
- **NAICS:** 561621
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.74M
- **Initial approval:** $4.74M
- **Forgiven:** $4.79M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.74M
- **Jobs reported:** 339
## Lender
- **Originating:** Citizens Bank, National Association
- **Servicing:** Citizens Bank, National Association (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*