# PPP loan: VELOTA GROUP LLC
> **$200K** approved 04/11/2020 · Paid in Full · Loan `2962097108`
## Borrower
- **Name:** VELOTA GROUP LLC
- **Address:** 314 S Gay St, KNOXVILLE, TN, 37901-1244
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $202K (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Jobs reported:** 51
## Lender
- **Originating:** Citizens National Bank
- **Servicing:** Citizens National Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*