# PPP loan: STANDARD ELECTRIC CO., INC.
> **$314K** approved 05/01/2020 · Paid in Full · Loan `1298047808`
## Borrower
- **Name:** STANDARD ELECTRIC CO., INC.
- **Address:** 1605 S ENGLISH STATION RD, LOUISVILLE, KY, 40299
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $314K
- **Initial approval:** $314K
- **Forgiven:** $317K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $314K
- **Jobs reported:** 28
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*