# PPP loan: BODWELL MOTORS, INC.
> **$400K** approved 04/03/2020 · Paid in Full · Loan `4428157003`
## Borrower
- **Name:** BODWELL MOTORS, INC.
- **Address:** 169 PLEASANT ST, BRUNSWICK, ME, 04011-2215
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $400K
- **Initial approval:** $400K
- **Forgiven:** $405K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $400K
- **Jobs reported:** 35
## Lender
- **Originating:** Bath Savings Institution
- **Servicing:** Bath Savings Institution (ME)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*