# PPP loan: EL HUARACHE VELOZ
> **$256K** approved 05/01/2020 · Paid in Full · Loan `5602567706`
## Borrower
- **Name:** EL HUARACHE VELOZ
- **Address:** 11661 GLENOAKS BLVD, PACOIMA, CA, 91331-1050
- **NAICS:** 722511
- **Business type:** Sole Proprietorship
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $256K
- **Initial approval:** $275K
- **Forgiven:** $260K (102%)
- **Forgiveness date:** 11/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $256K
- **Jobs reported:** 40
## 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*