# PPP loan: GLOBAL VALUE ADD, INC
> **$420K** approved 04/14/2020 · Paid in Full · Loan `7931047104`
## Borrower
- **Name:** GLOBAL VALUE ADD, INC
- **Address:** 4512 LEGACY DR Unit 100, PLANO, TX, 75024-2128
- **NAICS:** 541213
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $420K
- **Initial approval:** $420K
- **Forgiven:** $424K (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $409K
- **Rent:** $9K
- **Utilities:** $1K
- **Jobs reported:** 34
## Lender
- **Originating:** Wallis Bank
- **Servicing:** Wallis Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*