# PPP loan: MONTOOTH ENTERPRISES, INC
> **$150K** approved 04/15/2020 · Paid in Full · Loan `8676857107`
## Borrower
- **Name:** MONTOOTH ENTERPRISES, INC
- **Address:** 404 Oakland Road, Sweetwater, TN, 37874-1750
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $137K
- **Rent:** $504
- **Utilities:** $11K
- **Debt interest:** $2K
- **Jobs reported:** 49
## Lender
- **Originating:** CapStar Bank, A Division of Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*