# PPP loan: STANDARD FIRE SUPPRESSION CORP.
> **$254K** approved 04/11/2020 · Paid in Full · Loan `2597587103`
## Borrower
- **Name:** STANDARD FIRE SUPPRESSION CORP.
- **Address:** 57 MAHAN ST, WEST BABYLON, NY, 11704
- **NAICS:** 541350
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $254K
- **Initial approval:** $254K
- **Forgiven:** $256K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $154K
- **Rent:** $30K
- **Utilities:** $5K
- **Health care:** $63K
- **Debt interest:** $2K
- **Jobs reported:** 18
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*