BILLINGS, Mont. (AP) — The owner of an eastern Montana restaurant pleaded guilty Tuesday to spending $75,000 from a federal COVID-19 relief loan to buy vintage automobiles rather than using it as working capital for his business, the U.S. Attorney’s Office said Tuesday.

Michael Eugene Bolte, 70, of Shepherd, pleaded guilty to theft of government money, property or records. The misdemeanor charge carries a sentence of up to a year in prison and $100,000 in fines.