# PPP loan: GLOBAL ENGLISH CORPORATION
> **$560K** approved 04/13/2020 · Paid in Full · Loan `4915697107`
## Borrower
- **Name:** GLOBAL ENGLISH CORPORATION
- **Address:** 1875 South Grant Street Suite 700, San Mateo, CA, 94402
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $560K
- **Initial approval:** $560K
- **Forgiven:** $566K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $498K
- **Rent:** $59K
- **Utilities:** $3K
- **Jobs reported:** 18
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*