# PPP loan: VUZIX CORPORTATION
> **$1.56M** approved 04/11/2020 · Paid in Full · Loan `2730867104`
## Borrower
- **Name:** VUZIX CORPORTATION
- **Address:** 25 HENDRIX RD STE A, WEST HENRIETTA, NY, 14586-9205
- **NAICS:** 334118
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.56M
- **Initial approval:** $1.56M
- **Forgiven:** $1.56M (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.56M
- **Jobs reported:** 87
## Lender
- **Originating:** Genesee Regional Bank
- **Servicing:** Genesee Regional Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*