# PPP loan: BMW MANAGEMENT, INC
> **$4.63M** approved 04/05/2020 · Paid in Full · Loan `5147507010`
## Borrower
- **Name:** BMW MANAGEMENT, INC
- **Address:** 43172 Business Park Drive Suite 101, TEMECULA, CA, 92590-3626
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.63M
- **Initial approval:** $4.63M
- **Forgiven:** $4.68M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.47M
- **Rent:** $1.16M
- **Jobs reported:** 500
## Lender
- **Originating:** Lake Forest Bank & Trust Company, National Association
- **Servicing:** Lake Forest Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*