# PPP loan: STANDARD IRON & WIRE WORKS INC
> **$6.48M** approved 04/08/2020 · Paid in Full · Loan `8798797002`
## Borrower
- **Name:** STANDARD IRON & WIRE WORKS INC
- **Address:** 524 Pine Street, MONTICELLO, MN, 55362-8570
- **NAICS:** 332312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.48M
- **Initial approval:** $6.48M
- **Forgiven:** $6.55M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.48M
- **Jobs reported:** 415
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*