Bavarian Imports, Ltd

$3,930,000 PPP Loan in San Antonio, Texas

Loan Details

Loan Number
5371337001
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$3,930,000
Current Approval
$3,930,000
Forgiveness Amount
$3,975,304
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Bavarian Imports, Ltd
Address
153 Treeline Park
State
Texas
ZIP Code
78209-1766
Business Type
Partnership
Industry (NAICS)
Retail Trade (441110)
Franchise
Bmw of North America, LLC - Center Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
253
Estimated Revenue
$63.8M
Rural/Urban
Urban
Congressional District
TX-21

Loan Use Breakdown

Payroll
$2,947,500
Rent
$589,500
Utilities
$393,000

Lender Information

Servicing Lender
Texas Partners Bank
Originating Lender
Texas Partners Bank

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