# PPP loan: VELA WINGS INVESTMENT LTD
> **$178K** approved 02/13/2021 · Paid in Full · Loan `8232498406`
## Borrower
- **Name:** VELA WINGS INVESTMENT LTD
- **Address:** 1600 N Westgate Dr Ste 100, Weslaco, TX, 78599-4953
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $178K
- **Initial approval:** $178K
- **Forgiven:** $179K (101%)
- **Forgiveness date:** 09/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $178K
- **Utilities:** $1
- **Jobs reported:** 28
## Lender
- **Originating:** Rio Bank
- **Servicing:** Rio Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*