# PPP loan: MONTACHEM INTERNATIONAL, INC.
> **$299K** approved 04/15/2020 · Paid in Full · Loan `8596217103`
## Borrower
- **Name:** MONTACHEM INTERNATIONAL, INC.
- **Address:** 200 S ANDREWS AVE SUITE 702, FORT LAUDERDALE, FL, 33301-2066
- **NAICS:** 424610
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $299K
- **Initial approval:** $299K
- **Forgiven:** $302K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Utilities:** $299K
- **Jobs reported:** 16
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*