# PPP loan: FREUND-VECTOR CORPORATION
> **$2.14M** approved 04/04/2020 · Paid in Full · Loan `4869287002`
## Borrower
- **Name:** FREUND-VECTOR CORPORATION
- **Address:** 675 44th Street, MARION, IA, 52302-3800
- **NAICS:** 423490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.14M
- **Initial approval:** $2.14M
- **Forgiven:** $2.17M (101%)
- **Forgiveness date:** 06/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.14M
- **Jobs reported:** 115
## Lender
- **Originating:** Cedar Rapids Bank and Trust Company
- **Servicing:** Cedar Rapids Bank and Trust Company (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*