# PPP loan: SEMICONDUCTOR PROCESS EQUIPMENT CORPORATION
> **$490K** approved 04/27/2020 · Paid in Full · Loan `3768497209`
## Borrower
- **Name:** SEMICONDUCTOR PROCESS EQUIPMENT CORPORATION
- **Address:** 27963 Franklin Parkway, Valencia, CA, 91355
- **NAICS:** 334413
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $490K
- **Initial approval:** $490K
- **Forgiven:** $492K (100%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $490K
- **Jobs reported:** 33
## Lender
- **Originating:** Bank of Santa Clarita, A Division of California Bank of Commerce, NA
- **Servicing:** California Bank of Commerce, NA (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*