# PPP loan: V-SILICON INC
> **$1.12M** approved 03/12/2021 · Charged Off · Loan `9584498502`
## Borrower
- **Name:** V-SILICON INC
- **Address:** 90 GREAT OAKS BLVD STE 206, SAN JOSE, CA, 95119-1314
- **NAICS:** 334413
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.12M
- **Initial approval:** $1.12M
- **Forgiven:** $430K (38%)
- **Forgiveness date:** 12/09/2021
- **Status:** Charged Off
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.12M
- **Utilities:** $1
- **Jobs reported:** 27
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*