# PPP loan: VERGASON TECHNOLOGY INC.
> **$511K** approved 01/19/2021 · Paid in Full · Loan `1656468301`
## Borrower
- **Name:** VERGASON TECHNOLOGY INC.
- **Address:** 166 State Route 224, Van Etten, NY, 14889-9723
- **NAICS:** 332812
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $511K
- **Initial approval:** $511K
- **Forgiven:** $515K (101%)
- **Forgiveness date:** 09/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $511K
- **Utilities:** $1
- **Jobs reported:** 45
## Lender
- **Originating:** Tioga State Bank, National Association
- **Servicing:** Tioga State Bank, National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*