# PPP loan: VELA RESEARCH LP
> **$452K** approved 03/13/2021 · Paid in Full · Loan `1238668604`
## Borrower
- **Name:** VELA RESEARCH LP
- **Address:** 5516 Rio Vista Dr, Clearwater, FL, 33760-3107
- **NAICS:** 541519
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $452K
- **Initial approval:** $452K
- **Forgiven:** $454K (100%)
- **Forgiveness date:** 09/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $452K
- **Utilities:** $1
- **Jobs reported:** 28
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*