# PPP loan: STANDARD RUBBER PRODUCTS CO
> **$504K** approved 04/27/2020 · Paid in Full · Loan `3822077203`
## Borrower
- **Name:** STANDARD RUBBER PRODUCTS CO
- **Address:** 120 Seegers Ave, ELK GROVE VILLAGE, IL, 60007-1615
- **NAICS:** 339991
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $504K
- **Initial approval:** $504K
- **Forgiven:** $507K (101%)
- **Forgiveness date:** 01/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $504K
- **Jobs reported:** 49
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*