SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13G
INFORMATION STATEMENT PURSANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXHANGE ACT OF 1934
AMENDMENT NO.__________)(1)
Standard Funding Corp.
(Name of Issuer)
Common Stock, par value $.001 per share
(Title of Class of Securities)
853420 10 7
(CUSIP Number)
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Check the following box if a fee is being paid with this statement |_|. (A
fee is not required only if the filing person: (1) has a previous statement of
file reporting beneficial ownership of more than five percent of the class of
securities described in item 1: and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent of such class). (See Rule
13d-7).
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(1) The remainder of this cover page shall be filled out for a reporting
person's initial filings on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall
not be deemed to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that
section of the Act shall be subject to all other provisions of the Act (however,
see the Notes).
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CUSIP No. 853420 10 7 13G PAGE 2 OF 3 PAGES
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1. NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Alan J. Karp
###-##-####
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ___
(b) ___
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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NUMBER OF 5. SOLE VOTING POWER 618,800
SHARES
BENEFICIALLY 6. SHARED VOTING POWER 2,000
OWNED BY
EACH 7. SOLE DISPOSTIVE POWER 618,800
REPORTING
PERSON 8. SHARED DISPOSITIVE POWER 2,000
WITH
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9. AGGREGATE AMOUINT BENEFICIALLY OWNED BY EACHING
REPORTING PERSON
620,800
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES___
CERTAIN SHARES*
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
22.5%
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12. TYPE OF REPORTING PERSON*
IN
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<PAGE>
CUSIP No. 853420 10 7 PAGE 3 OF 3 PAGES
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct and has not changed from the previously filed Schedule 13G.
February 13, 1997
Alan J. Karp, C.E.O.
