# PPP loan: NIELSEN BAKERY COMPANY
> **$514K** approved 04/14/2020 · Paid in Full · Loan `7572787100`
## Borrower
- **Name:** NIELSEN BAKERY COMPANY
- **Address:** 1216 Burlingame Ave, BURLINGAME, CA, 94010
- **NAICS:** 445299
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $514K
- **Initial approval:** $514K
- **Forgiven:** $518K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $514K
- **Jobs reported:** 48
## Lender
- **Originating:** SVB, A Division of First-Citizens Bank and Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*