# PPP loan: MONTI & ASSOCIATES INC
> **$198K** approved 02/07/2021 · Paid in Full · Loan `4977238405`
## Borrower
- **Name:** MONTI & ASSOCIATES INC
- **Address:** 1050 Addison Ct, Arlington Heights, IL, 60005-4702
- **NAICS:** 423730
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $199K (101%)
- **Forgiveness date:** 09/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $198K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** First American Bank
- **Servicing:** First American Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*