# PPP loan: ALARM SYSTEMS INC.
> **$198K** approved 01/30/2021 · Paid in Full · Loan `9396918304`
## Borrower
- **Name:** ALARM SYSTEMS INC.
- **Address:** 510 Maine St Fl 7, Quincy, IL, 62301-3941
- **NAICS:** 561621
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $200K (101%)
- **Forgiveness date:** 12/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $198K
- **Utilities:** $1
- **Jobs reported:** 49
## Lender
- **Originating:** United Community Bank
- **Servicing:** United Community Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*