# PPP loan: NIELLO BAVARIAN AUTOMOBILES, INC.
> **$3.50M** approved 04/09/2020 · Paid in Full · Loan `9148727006`
## Borrower
- **Name:** NIELLO BAVARIAN AUTOMOBILES, INC.
- **Address:** 2020 Fulton Ave, SACRAMENTO, CA, 95825-1908
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.50M
- **Initial approval:** $3.50M
- **Forgiven:** $3.54M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.50M
- **Jobs reported:** 223
## Lender
- **Originating:** BMW Bank of North America, Inc.
- **Servicing:** BMW Bank of North America, Inc. (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*