# PPP loan: VELTRON LLC
> **$521K** approved 04/13/2020 · Paid in Full · Loan `4853727107`
## Borrower
- **Name:** VELTRON LLC
- **Address:** 1306 Cobb Industrial Dr, MARIETTA, GA, 30066-6607
- **NAICS:** 541611
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $521K
- **Initial approval:** $521K
- **Forgiven:** $525K (101%)
- **Forgiveness date:** 01/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $465K
- **Rent:** $20K
- **Utilities:** $8K
- **Health care:** $24K
- **Debt interest:** $4K
- **Jobs reported:** 40
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*