PPP Loan information for Niello bavarian automobiles, inc.

$3,504,095

Niello bavarian automobiles, inc. was initially approved for PPP Loan of amount $3,504,095, the current approved amount is $3,504,095. The loan was approved on 04/09/2020 by The BMW Bank of North America, Inc. reported 223 jobs and $3,504,095 was used to fund payroll.

Niello bavarian automobiles, inc. is Existing or more than 2 years old

NIELLO BAVARIAN AUTOMOBILES, INC.

Date Approved

04/09/2020

SBA Office Code

0931

Processing Method

PPP

Borrower Name

NIELLO BAVARIAN AUTOMOBILES, INC.

Borrower Address

2020 Fulton Ave

Borrower City

SACRAMENTO

Borrower State

CA

Borrower Zip

95825-1908

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3504094.92

Current Approval Amount

3504094.92

Undisbursed Amount

0.00

Franchise Name

BMW of North America, LLC - Center Agreement

Servicing Lender Location Id

124203

Servicing Lender Name

BMW Bank of North America, Inc.

Servicing Lender Address

2735 E Parleys Way, Ste 301

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84109-1666

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SACRAMENTO

Project County Name

SACRAMENTO

Project State

CA

Project Zip

95825-1908

CD

CA-06

Jobs Reported

223

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3504094.92

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

124203

Originating Lender

BMW Bank of North America, Inc.

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

3544320.01

Forgiveness Date

06/11/2021

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