# PPP loan: GLOBAL BIOINGREDIENTS INC
> **$162K** approved 04/30/2020 · Paid in Full · Loan `7940957304`
## Borrower
- **Name:** GLOBAL BIOINGREDIENTS INC
- **Address:** 7879 NW 15TH STREET, MIAMI, FL, 33126
- **NAICS:** 424690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $164K (101%)
- **Forgiveness date:** 07/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $162K
- **Jobs reported:** 9
## Lender
- **Originating:** IberiaBank, A Division of First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*