VELACORP LTD

Summary of PPP (Paycheck Protection Program) Loan approved to VELACORP LTD by Rio Bank. The loan was approved on 4/07/2020 in the range of $350,000-1 million.

Business Information

Name:

VELACORP LTD

1901 S 1ST ST STE 100
MCALLEN, TX 78503
Business type: Corporation
Health and Personal Care Stores
→ Pharmacies and Drug Stores
Non-profit: No
Loan amount: $350,000-1 million
(50 Jobs retained)
Date approved: April 07, 2020
Lender Rio Bank

Note: Only loans exceeding $150,000 are displayed here. Businesses receiving PPP loans less than $150,000 are excluded. Additionally, borrowers that received PPP loans but have since return it, are also excluded.

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.