# PPP loan: MONTESANO BROTHERS INC.
> **$1.10M** approved 03/13/2021 · Paid in Full · Loan `1309428600`
## Borrower
- **Name:** MONTESANO BROTHERS INC.
- **Address:** 76 Plain Ave, New Rochelle, NY, 10801-2205
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.10M
- **Initial approval:** $1.10M
- **Forgiven:** $1.11M (101%)
- **Forgiveness date:** 01/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.10M
- **Utilities:** $1
- **Jobs reported:** 194
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*