# PPP loan: STANDARD INDUSTRIAL SUPPLY INC.
> **$370K** approved 02/11/2021 · Paid in Full · Loan `7350218410`
## Borrower
- **Name:** STANDARD INDUSTRIAL SUPPLY INC.
- **Address:** 100 Michigan, Winamac, IN, 46996-1272
- **NAICS:** 423840
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $370K
- **Initial approval:** $370K
- **Forgiven:** $371K (100%)
- **Forgiveness date:** 08/18/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $370K
- **Utilities:** $1
- **Jobs reported:** 37
## Lender
- **Originating:** The First National Bank of Monterey
- **Servicing:** The First National Bank of Monterey (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*