# PPP loan: THE STANDARD COMPANIES
> **$392K** approved 04/13/2020 · Paid in Full · Loan `5481547104`
## Borrower
- **Name:** THE STANDARD COMPANIES
- **Address:** 2601 S ARCHER AVE, CHICAGO, IL, 60608-5913
- **NAICS:** 444190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $392K
- **Initial approval:** $392K
- **Forgiven:** $398K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $294K
- **Mortgage interest:** $59K
- **Utilities:** $39K
- **Jobs reported:** 36
## Lender
- **Originating:** Hinsdale Bank & Trust Company, National Association
- **Servicing:** Hinsdale Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*