# PPP loan: JTS MODULAR INC.
> **$2.00M** approved 03/17/2021 · Exemption 4 · Loan `3460588604`
## Borrower
- **Name:** JTS MODULAR INC.
- **Address:** 7001 McDivitt Dr, Bakersfield, CA, 93313-2015
- **NAICS:** 333999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $1.73M (86%)
- **Forgiveness date:** 09/13/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 206
## Lender
- **Originating:** Tri Counties Bank
- **Servicing:** Tri Counties Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*