# PPP loan: THE STANDARD PENNANT COMPANY INC.
> **$162K** approved 02/01/2021 · Paid in Full · Loan `1224598410`
## Borrower
- **Name:** THE STANDARD PENNANT COMPANY INC.
- **Address:** 109 W Main St, Big Run, PA, 15715-1107
- **NAICS:** 315990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $162K (100%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $162K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** First Commonwealth Bank
- **Servicing:** First Commonwealth Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*