# PPP loan: VATIC LAB HOLDINGS LLC
> **$677K** approved 04/05/2020 · Paid in Full · Loan `5579397007`
## Borrower
- **Name:** VATIC LAB HOLDINGS LLC
- **Address:** 1140 Avenue of the Americas, 7th Floor, NEW YORK, NY, 10036
- **NAICS:** 334516
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $677K
- **Initial approval:** $677K
- **Forgiven:** $685K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $508K
- **Rent:** $169K
- **Jobs reported:** 29
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*