# PPP loan: GLO ELECTRIC LLC
> **$1.54M** approved 04/14/2020 · Paid in Full · Loan `6724197106`
## Borrower
- **Name:** GLO ELECTRIC LLC
- **Address:** 441 WILD AVE, STATEN ISLAND, NY, 10314-4739
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.54M
- **Initial approval:** $1.54M
- **Forgiven:** $1.55M (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.54M
- **Jobs reported:** 128
## Lender
- **Originating:** Santander Bank, National Association
- **Servicing:** Santander Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*