# PPP loan: MONTENEGRO PAPER LTD.
> **$167K** approved 04/14/2020 · Paid in Full · Loan `7524067102`
## Borrower
- **Name:** MONTENEGRO PAPER LTD.
- **Address:** 25 E. MAIN STREET, ROSELLE, IL, 60172
- **NAICS:** 424110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $167K
- **Initial approval:** $167K
- **Forgiven:** $170K (101%)
- **Forgiveness date:** 08/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $167K
- **Jobs reported:** 11
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*