# PPP loan: GLOBAL ELECTRIC,INC
> **$153K** approved 04/10/2020 · Paid in Full · Loan `2124287107`
## Borrower
- **Name:** GLOBAL ELECTRIC,INC
- **Address:** 1009 S Blackhoof St, WAPAKONETA, OH, 45895-2209
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $153K
- **Initial approval:** $153K
- **Forgiven:** $154K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $127K
- **Rent:** $8K
- **Utilities:** $2K
- **Health care:** $16K
- **Jobs reported:** 7
## Lender
- **Originating:** The Citizens National Bank of Bluffton
- **Servicing:** The Citizens National Bank of Bluffton (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*