# PPP loan: SECURITY 1 SOLUTIONS LLC
> **$1.22M** approved 04/15/2020 · Paid in Full · Loan `8696467105`
## Borrower
- **Name:** SECURITY 1 SOLUTIONS LLC
- **Address:** 839 Quince Orchard Boulevard Suite L, Gaithersburg, MD, 20878
- **NAICS:** 561612
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.22M
- **Initial approval:** $1.22M
- **Forgiven:** $1.23M (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.19M
- **Rent:** $3K
- **Utilities:** $1K
- **Health care:** $26K
- **Debt interest:** $6K
- **Jobs reported:** 182
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*