# PPP loan: ENCORE SEMI INC
> **$2.00M** approved 03/26/2021 · Exemption 4 · Loan `1026938709`
## Borrower
- **Name:** ENCORE SEMI INC
- **Address:** 9444 Waples St Ste 150, San Diego, CA, 92121-2941
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $1.53M (76%)
- **Forgiveness date:** 11/17/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 62
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*