# PPP loan: SG SILICON VALLEY
> **$1.21M** approved 04/14/2020 · Exemption 4 · Loan `6368587108`
## Borrower
- **Name:** SG SILICON VALLEY
- **Address:** 20660 Stevens Creek Blvd Num 331, Cupertino, CA, 95014
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.21M
- **Initial approval:** $1.21M
- **Forgiven:** $885K (73%)
- **Forgiveness date:** 09/07/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.21M
- **Jobs reported:** 7
## Lender
- **Originating:** The Bancorp Bank National Association
- **Servicing:** The Bancorp Bank National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*