# PPP loan: MONTERREY 28 INC
> **$176K** approved 04/14/2020 · Paid in Full · Loan `6961797102`
## Borrower
- **Name:** MONTERREY 28 INC
- **Address:** 4016 WASHINGTON RD, MARTINEZ, GA, 30907-2300
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $176K
- **Initial approval:** $176K
- **Forgiven:** $179K (101%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $141K
- **Mortgage interest:** $18K
- **Utilities:** $18K
- **Jobs reported:** 35
## Lender
- **Originating:** Queensborough National Bank and Trust Company
- **Servicing:** Queensborough National Bank and Trust Company (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*