# PPP loan: STANDARD IRON & METAL CO., LLC
> **$237K** approved 07/20/2020 · Paid in Full · Loan `5737978105`
## Borrower
- **Name:** STANDARD IRON & METAL CO., LLC
- **Address:** 1501 East Reno Avenue, Oklahoma City, OK, 73117-3401
- **NAICS:** 423930
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $237K
- **Initial approval:** $237K
- **Forgiven:** $239K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $237K
- **Jobs reported:** 16
## Lender
- **Originating:** LendingClub Bank, National Association
- **Servicing:** LendingClub Bank, National Association (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*