PPP Loan information for Security systems inc

$2,038,100

Security systems inc was initially approved for PPP Loan of amount $2,038,100, the current approved amount is $2,038,100. The loan was approved on 04/27/2020 by The Savers Co-Operative Bank reported 342 jobs and $2,038,100 was used to fund payroll.

Security systems inc is Existing or more than 2 years old

SECURITY SYSTEMS INC

Date Approved

04/27/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

SECURITY SYSTEMS INC

Borrower Address

1125 Middle St

Borrower City

Middletown

Borrower State

CT

Borrower Zip

06457-1587

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2038100.00

Current Approval Amount

2038100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89242

Servicing Lender Name

Savers Co-Operative Bank

Servicing Lender Address

270 Main St

Servicing Lender City

SOUTHBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

01550-2553

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Middletown

Project County Name

MIDDLESEX

Project State

CT

Project Zip

06457-1587

CD

CT-01

Jobs Reported

342

NAICS Code

561621

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2038100.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

89242

Originating Lender

Savers Co-Operative Bank

Originating Lender City

SOUTHBRIDGE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2061440.43

Forgiveness Date

06/24/2021

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