# PPP loan: PRISM ELECTRONICS CORP
> **$594K** approved 04/27/2020 · Paid in Full · Loan `4755017200`
## Borrower
- **Name:** PRISM ELECTRONICS CORP
- **Address:** 900 Lightpost Way, Morgan Hill, CA, 95037
- **NAICS:** 425110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $594K
- **Initial approval:** $594K
- **Forgiven:** $602K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $594K
- **Jobs reported:** 59
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*