# PPP loan: STANDLEY BROS. MACHINE CO., INC.
> **$444K** approved 04/10/2020 · Paid in Full · Loan `2051087104`
## Borrower
- **Name:** STANDLEY BROS. MACHINE CO., INC.
- **Address:** 96 Park Street, BEVERLY, MA, 01915-4312
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $444K
- **Initial approval:** $444K
- **Forgiven:** $447K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $444K
- **Jobs reported:** 29
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*