# PPP loan: GLOBAL BUSINESS SOLUTIONS, INC.
> **$435K** approved 04/06/2020 · Paid in Full · Loan `6353577004`
## Borrower
- **Name:** GLOBAL BUSINESS SOLUTIONS, INC.
- **Address:** 2400 W MICHIGAN AVE, PENSACOLA, FL, 32526-2200
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $435K
- **Initial approval:** $435K
- **Forgiven:** $440K (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $326K
- **Mortgage interest:** $54K
- **Utilities:** $54K
- **Jobs reported:** 54
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*