# PPP loan: EMPOWER SEMICONDUCTOR, INC.
> **$445K** approved 05/03/2020 · Paid in Full · Loan `1070167410`
## Borrower
- **Name:** EMPOWER SEMICONDUCTOR, INC.
- **Address:** 1164 Cadillac Drive, MILPITAS, CA, 95035
- **NAICS:** 334413
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $445K
- **Initial approval:** $445K
- **Forgiven:** $449K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $445K
- **Jobs reported:** 24
## Lender
- **Originating:** United Business Bank
- **Servicing:** United Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*