# PPP loan: STANDARD DISTRIBUTION CO.
> **$714K** approved 04/07/2020 · Paid in Full · Loan `6730927009`
## Borrower
- **Name:** STANDARD DISTRIBUTION CO.
- **Address:** 1109 Viking Road, CEDAR FALLS, IA, 50613-9505
- **NAICS:** 493110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $714K
- **Initial approval:** $714K
- **Forgiven:** $721K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $714K
- **Jobs reported:** 78
## Lender
- **Originating:** Cedar Rapids Bank and Trust Company
- **Servicing:** Cedar Rapids Bank and Trust Company (IA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*