# PPP loan: PLATT SECURITY INC.
> **$1.73M** approved 04/09/2020 · Paid in Full · Loan `9438557001`
## Borrower
- **Name:** PLATT SECURITY INC.
- **Address:** 3265 E GRANT ST, SIGNAL HILL, CA, 90755-1212
- **NAICS:** 561612
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.73M
- **Initial approval:** $1.73M
- **Forgiven:** $1.74M (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.68M
- **Rent:** $20K
- **Utilities:** $12K
- **Health care:** $13K
- **Debt interest:** $6K
- **Jobs reported:** 245
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*