# PPP loan: SEMTECH SOLUTIONS INC
> **$177K** approved 02/09/2021 · Paid in Full · Loan `5992948409`
## Borrower
- **Name:** SEMTECH SOLUTIONS INC
- **Address:** 6 Executive Park Dr, North Billerica, MA, 01862-1319
- **NAICS:** 811219
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $178K (100%)
- **Forgiveness date:** 08/11/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $177K
- **Jobs reported:** 18
## Lender
- **Originating:** Citizens Bank, National Association
- **Servicing:** Citizens Bank, National Association (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*