I would definitely replace the belt. You must order the belt from SOTA. Do not use generic replacements.
You might also have your serial number in hand and request a list of upgrades available for your unit. There have been many improvements over the years. For sure you should consider a new magnetic bearing and platter.
If records have trouble sealing you will need to send your platter back and have a new mat put on. Records that are warped or dished and won't seal sometimes can be made to seal by starting up the table with the two finger nails pushing the lip of the record down at 180 degrees for three revolutions. records that are dished will seal on one side but not the other.
If the pump makes enough noise that you can hear it from a distance of 10 feet it will need to be replaced with a new unit. The new ones are much quieter.
@mijostyn No such worries or anything even remotely similar apply to either of my idler turntables. If there is such a thing as a vacuum hold down system that does not fail, sooner or later, color me surprised.