# PPP loan: GLOBETECH MANUFACTURING INC
> **$208K** approved 05/01/2020 · Paid in Full · Loan `3063247705`
## Borrower
- **Name:** GLOBETECH MANUFACTURING INC
- **Address:** 2700 Needmore Drive, Dayton, OH, 45414
- **NAICS:** 423120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $208K
- **Initial approval:** $208K
- **Forgiven:** $210K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $165K
- **Rent:** $26K
- **Mortgage interest:** $594.05
- **Utilities:** $17K
- **Jobs reported:** 37
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*