# PPP loan: VELA RESEARCH LP
> **$264K** approved 04/30/2020 · Paid in Full · Loan `6259357306`
## Borrower
- **Name:** VELA RESEARCH LP
- **Address:** 5516 RIO VISTA DR, CLEARWATER, FL, 33760-3107
- **NAICS:** 812990
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $264K
- **Initial approval:** $264K
- **Forgiven:** $236K (89%)
- **Forgiveness date:** 09/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $264K
- **Jobs reported:** 26
## 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*