For the assesment of pollutant loads, a monitoring has been conducted to identify hydrologic conditions and water quality of the Oenam watershed in Juam Lake, and the SWAT model integrated with GIS was applied to the watershed and evaluated for its applicability through calibration and verification using observed data. For the model application, digital maps were constructed for watershed boundary, land-use, soil series, digital elevation, and topographic input data of the Oenam watershed using Arcview. The observed runoff was 832.8 mm while the simulated runoff was 842.8 mm in 2003. The model results showed that the simulated runoff was in a good agreement with the observed data and indicated reasonable applicability of the model. In terms of nutrient load, the simulation results of T-N, T-P showed a similar trend to observed values. The observed T-N load was 10.8 kg/ha and the simulated T-N load was 7.6 kg/ha while the observed T-P load was 0.21 kg/ha and the simulated T-P load was 0.18 kg/ha. In general, SWAT model predicted observed runoff and loads of T-N and T-P after calibration with observed data in acceptable range. Overall, SWAT model was satisfactory in estimation of nutrient pollutant loads of the rural watershed