# PPP loan: GOBAL DEVELOPMENT & CONSTRUCTION, LLC
> **$177K** approved 04/07/2020 · Paid in Full · Loan `7316867003`
## Borrower
- **Name:** GOBAL DEVELOPMENT & CONSTRUCTION, LLC
- **Address:** 3916 TRAXLER CT, BAY CITY, MI, 48706-9283
- **NAICS:** 236220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $179K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $173K
- **Rent:** $3K
- **Utilities:** $750
- **Jobs reported:** 6
## Lender
- **Originating:** 1st State Bank
- **Servicing:** 1st State Bank (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*