# PPP loan: VECTOR MAGNETICS LLC
> **$458K** approved 04/07/2020 · Paid in Full · Loan `6614337001`
## Borrower
- **Name:** VECTOR MAGNETICS LLC
- **Address:** 236 Cherry St, ITHACA, NY, 14850-5023
- **NAICS:** 541511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $458K
- **Initial approval:** $458K
- **Forgiven:** $461K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $458K
- **Jobs reported:** 24
## Lender
- **Originating:** Tompkins Community Bank
- **Servicing:** Tompkins Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*