# PPP loan: STANDARD TOOL & MANUFACTURING CO.
> **$171K** approved 04/27/2020 · Paid in Full · Loan `3850277201`
## Borrower
- **Name:** STANDARD TOOL & MANUFACTURING CO.
- **Address:** 1200 Northwest Valley Ridge Drive, Grain Valley, MO, 64029-8603
- **NAICS:** 332313
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $171K
- **Initial approval:** $171K
- **Forgiven:** $173K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $141K
- **Rent:** $14K
- **Utilities:** $5K
- **Health care:** $12K
- **Jobs reported:** 10
## Lender
- **Originating:** The Bank of Grain Valley
- **Servicing:** The Bank of Grain Valley (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*