# PPP loan: ANGEL VELASCO
> **$242K** approved 02/13/2021 · Paid in Full · Loan `8469428405`
## Borrower
- **Name:** ANGEL VELASCO
- **Address:** 2701 Spring St, Redwood City, CA, 94063-3523
- **NAICS:** 561740
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Forgiven:** $243K (100%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $242K
- **Utilities:** $1
- **Jobs reported:** 52
## 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*