# PPP loan: GLOBALGEEKS INC
> **$304K** approved 04/10/2020 · Charged Off · Loan `2265097102`
## Borrower
- **Name:** GLOBALGEEKS INC
- **Address:** 1256 N. Church Street Suite 3 and 4 0.0, Moorestown, NJ, 08057-1129
- **NAICS:** 425110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $304K
- **Initial approval:** $304K
- **Forgiven:** $242K (79%)
- **Forgiveness date:** 03/11/2022
- **Status:** Charged Off
- **Term:** 34 months
## Use of funds
- **Payroll:** $231K
- **Rent:** $40K
- **Utilities:** $15K
- **Debt interest:** $18K
- **Jobs reported:** 31
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*