# PPP loan: VELASQUEZ COMPLETE AUTO CARE I INC
> **$418K** approved 02/11/2021 · Paid in Full · Loan `6966718400`
## Borrower
- **Name:** VELASQUEZ COMPLETE AUTO CARE I INC
- **Address:** 2845 W Belmont Ave, Chicago, IL, 60618-5801
- **NAICS:** 811111
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $418K
- **Initial approval:** $418K
- **Forgiven:** $422K (101%)
- **Forgiveness date:** 12/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $418K
- **Utilities:** $1
- **Jobs reported:** 55
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*