# PPP loan: MONTE CARLO RESTAURANT INC.
> **$529K** approved 02/03/2021 · Paid in Full · Loan `2372848409`
## Borrower
- **Name:** MONTE CARLO RESTAURANT INC.
- **Address:** 125 SE Main St Ste 222, Minneapolis, MN, 55414-2143
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $529K
- **Initial approval:** $529K
- **Forgiven:** $535K (101%)
- **Forgiveness date:** 04/18/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $529K
- **Utilities:** $1
- **Jobs reported:** 50
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Northeast Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*