# PPP loan: MORON VELA INC
> **$310K** approved 04/15/2020 · Paid in Full · Loan `8594277106`
## Borrower
- **Name:** MORON VELA INC
- **Address:** 1242 E BUS HWY 83, STE 7, MISSION, TX, 78572-9308
- **NAICS:** 446110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $310K
- **Initial approval:** $310K
- **Forgiven:** $314K (101%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $310K
- **Jobs reported:** 53
## Lender
- **Originating:** Lone Star National Bank
- **Servicing:** Lone Star National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*