# PPP loan: MTL FOODS LLC
> **$327K** approved 04/08/2020 · Paid in Full · Loan `8808067000`
## Borrower
- **Name:** MTL FOODS LLC
- **Address:** 17154 BUTTE CREEK RD, HOUSTON, TX, 77090-2238
- **NAICS:** 453998
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $327K
- **Initial approval:** $327K
- **Forgiven:** $331K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $245K
- **Rent:** $65K
- **Mortgage interest:** $3K
- **Utilities:** $13K
- **Jobs reported:** 80
## Lender
- **Originating:** First United Bank and Trust Company
- **Servicing:** First United Bank and Trust Company (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*