# PPP loan: BATS DAM POWER PROJECT, INC.
> **$240K** approved 04/12/2020 · Exemption 4 · Loan `3986227109`
## Borrower
- **Name:** BATS DAM POWER PROJECT, INC.
- **Address:** 22326 Main Street, Hayward, CA, 94541-4007
- **NAICS:** 531210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $240K
- **Initial approval:** $240K
- **Forgiven:** $112K (47%)
- **Forgiveness date:** 12/20/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $240K
- **Jobs reported:** 16
## Lender
- **Originating:** Mortgage Capital Development Corporation
- **Servicing:** Mortgage Capital Development Corporation (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*