# PPP loan: GLOBAL NETWORKS INC.
> **$322K** approved 04/28/2020 · Paid in Full · Loan `1822517303`
## Borrower
- **Name:** GLOBAL NETWORKS INC.
- **Address:** 6460 Dobbin Road Suite A, Columbia, MD, 21045
- **NAICS:** 541512
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $322K
- **Initial approval:** $322K
- **Forgiven:** $232K (72%)
- **Forgiveness date:** 01/20/2023
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $275K
- **Rent:** $18K
- **Utilities:** $10K
- **Health care:** $12K
- **Debt interest:** $7K
- **Jobs reported:** 18
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*