# PPP loan: BMW NATION WIDE SECUTITY INC.
> **$512K** approved 05/29/2020 · Charged Off · Loan `5122507809`
## Borrower
- **Name:** BMW NATION WIDE SECUTITY INC.
- **Address:** 3701 LONG BLVD, LONG BEACH, CA, 90807
- **NAICS:** 711310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $512K
- **Initial approval:** $512K
- **Status:** Charged Off
- **Term:** 2 months
## Use of funds
- **Payroll:** $512K
- **Jobs reported:** 180
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*