# PPP loan: MOTOR PARTS DISTRIBUTORS INC
> **$160K** approved 04/30/2020 · Paid in Full · Loan `7741097303`
## Borrower
- **Name:** MOTOR PARTS DISTRIBUTORS INC
- **Address:** 710 10 th St, Modesto, CA, 95354
- **NAICS:** 441310
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Jobs reported:** 15
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*