# PPP loan: MTA DEVELOPMENT INC
> **$199K** approved 02/25/2021 · Paid in Full · Loan `4042258503`
## Borrower
- **Name:** MTA DEVELOPMENT INC
- **Address:** 3222 E Autumn Ln Apt B, Eagle Mountain, UT, 84005-4230
- **NAICS:** 238130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $199K
- **Initial approval:** $199K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 09/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $199K
- **Utilities:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** Altabank, A Division of
- **Servicing:** Glacier Bank (MT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*