# PPP loan: STANDBY SCREW MACHINE PRODUCTS CO
> **$1.29M** approved 04/09/2020 · Paid in Full · Loan `9526797003`
## Borrower
- **Name:** STANDBY SCREW MACHINE PRODUCTS CO
- **Address:** 1122 W Bagley Rd 0.0, Berea, OH, 44017-2908
- **NAICS:** 333517
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.29M
- **Initial approval:** $1.29M
- **Forgiven:** $1.31M (101%)
- **Forgiveness date:** 06/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.29M
- **Jobs reported:** 100
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*