# PPP loan: GLOBAL INFOTECH CORPORATION
> **$535K** approved 04/14/2020 · Paid in Full · Loan `7740177105`
## Borrower
- **Name:** GLOBAL INFOTECH CORPORATION
- **Address:** 2890 Zanker Road, Suite # 202, SAN JOSE, CA, 95134
- **NAICS:** 541512
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $535K
- **Initial approval:** $535K
- **Forgiven:** $541K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $535K
- **Jobs reported:** 24
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*