ALARM SERVICES NETWORK INC (MI) - 2020 PPP Loan Borrower Profile (# 5917787108)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALARM SERVICES NETWORK INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Michigan.

Loan Detail

Loan Number

5917787108

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$262,500

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$264,600

Date Loan was Forgiven

Feb 4, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

4,000

Payroll Proced

243,500

Rent Proceed

15,000

Lender

Waterford Bank, National Association

Business Detail

Business Type

Corporation

NAICS

561621

Borrower Location

WATERFORD, MI

Project Location

WATERFORD, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.