# PPP loan: GLOBE ENGINEERING CO, INC.
> **$4.68M** approved 04/08/2020 · Paid in Full · Loan `8007407006`
## Borrower
- **Name:** GLOBE ENGINEERING CO, INC.
- **Address:** 1539 S St. Paul, WICHITA, KS, 67213
- **NAICS:** 336413
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.68M
- **Initial approval:** $4.68M
- **Forgiven:** $4.74M (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.51M
- **Utilities:** $1.17M
- **Jobs reported:** 258
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*