# PPP loan: MAGALY VELASQUEZ DDS., INC.
> **$216K** approved 04/28/2020 · Paid in Full · Loan `9854937203`
## Borrower
- **Name:** MAGALY VELASQUEZ DDS., INC.
- **Address:** 9130 Foothill Blvd, Rancho Cucamonga, CA, 91730
- **NAICS:** 622110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $216K
- **Initial approval:** $216K
- **Forgiven:** $218K (101%)
- **Forgiveness date:** 07/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $216K
- **Jobs reported:** 12
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*