# PPP loan: HOWE SECURITY, INC.
> **$515K** approved 04/09/2020 · Paid in Full · Loan `9514367006`
## Borrower
- **Name:** HOWE SECURITY, INC.
- **Address:** 116 N WAUKEGAN RD, LAKE BLUFF, IL, 60044-1670
- **NAICS:** 561612
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $515K
- **Initial approval:** $515K
- **Forgiven:** $521K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $386K
- **Rent:** $39K
- **Mortgage interest:** $39K
- **Utilities:** $52K
- **Jobs reported:** 84
## Lender
- **Originating:** Lake Forest Bank & Trust Company, National Association
- **Servicing:** Lake Forest Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*