# PPP loan: DISCOVERY SEMICONDUCTORS INC
> **$275K** approved 02/11/2021 · Paid in Full · Loan `7320288408`
## Borrower
- **Name:** DISCOVERY SEMICONDUCTORS INC
- **Address:** 119 Silvia St 119 Silvia St, Ewing, NJ, 08628-3200
- **NAICS:** 334413
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $275K
- **Initial approval:** $275K
- **Forgiven:** $278K (101%)
- **Forgiveness date:** 03/10/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $275K
- **Jobs reported:** 13
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*