# PPP loan: VEEA INC.
> **$1.22M** approved 02/08/2021 · Paid in Full · Loan `5403518401`
## Borrower
- **Name:** VEEA INC.
- **Address:** 164 E 83rd St, New York, NY, 10028-1901
- **NAICS:** 334118
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.22M
- **Initial approval:** $1.24M
- **Forgiven:** $1.24M (101%)
- **Forgiveness date:** 07/08/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.22M
- **Utilities:** $1
- **Jobs reported:** 49
## Lender
- **Originating:** Itria Ventures LLC
- **Servicing:** Itria Ventures LLC (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*