# PPP loan: MODY PUMPS INC.
> **$298K** approved 04/12/2020 · Paid in Full · Loan `4118917109`
## Borrower
- **Name:** MODY PUMPS INC.
- **Address:** 2166 ZEUS CT, BAKERSFIELD, CA, 93308-6866
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $298K
- **Initial approval:** $298K
- **Forgiven:** $301K (101%)
- **Forgiveness date:** 05/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $298K
- **Jobs reported:** 26
## Lender
- **Originating:** Mechanics Bank
- **Servicing:** Mechanics Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*