# PPP loan: BAY AUTO CENTER INC.
> **$262K** approved 04/30/2020 · Paid in Full · Loan `6536607308`
## Borrower
- **Name:** BAY AUTO CENTER INC.
- **Address:** 4250 Ridgemont Ct, Oakland, CA, 94619-3727
- **NAICS:** 811111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $262K
- **Initial approval:** $262K
- **Forgiven:** $265K (101%)
- **Forgiveness date:** 07/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $262K
- **Jobs reported:** 24
## Lender
- **Originating:** Gateway Bank, FSB
- **Servicing:** Gateway Bank, FSB (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*