Vela Investment Corporation

$255,000 PPP Loan in Edinburg, Texas

Loan Details

Loan Number
2942387202
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$255,000
Current Approval
$255,000
Forgiveness Amount
$256,544
Forgiveness Date
Nov 27, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Vela Investment Corporation
Address
3523 W Alberta Rd
State
Texas
ZIP Code
78539-8466
Business Type
Corporation
Industry (NAICS)
Health Care and Social Assistance (621610)
Business Age
Existing or more than 2 years old
Jobs Reported
102
Estimated Revenue
$17.5M
Rural/Urban
Urban
Congressional District
TX-15

Loan Use Breakdown

Payroll
$255,000

Lender Information

Servicing Lender
Texas Regional Bank
Originating Lender
Texas Regional Bank

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