# PPP loan: MONTEREY TECHNOLOGIES INC.
> **$568K** approved 02/19/2021 · Paid in Full · Loan `1701948510`
## Borrower
- **Name:** MONTEREY TECHNOLOGIES INC.
- **Address:** 1790 Sun Peak Dr Ste A203, Park City, UT, 84098-6646
- **NAICS:** 541715
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $568K
- **Initial approval:** $568K
- **Forgiven:** $576K (101%)
- **Forgiveness date:** 06/16/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $568K
- **Jobs reported:** 35
## Lender
- **Originating:** Continental Bank
- **Servicing:** Continental Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*