# PPP loan: STANDARD WHOLESALE HARDWARE, INC.
> **$242K** approved 04/29/2020 · Paid in Full · Loan `2858147306`
## Borrower
- **Name:** STANDARD WHOLESALE HARDWARE, INC.
- **Address:** 42 Ludlow St, NEW YORK, NY, 10002-5410
- **NAICS:** 444130
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Forgiven:** $245K (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $154K
- **Rent:** $60K
- **Utilities:** $3K
- **Health care:** $25K
- **Jobs reported:** 16
## 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*