# PPP loan: STANDARD CONSTRUCTION COMPANY, INC
> **$2.18M** approved 04/07/2020 · Paid in Full · Loan `6481617008`
## Borrower
- **Name:** STANDARD CONSTRUCTION COMPANY, INC
- **Address:** 7434 Raleigh lagrange, CORDOVA, TN, 38018-6224
- **NAICS:** 237310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.18M
- **Initial approval:** $2.18M
- **Forgiven:** $2.21M (101%)
- **Forgiveness date:** 06/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.77M
- **Rent:** $123K
- **Utilities:** $262K
- **Debt interest:** $29K
- **Jobs reported:** 146
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*