# PPP loan: GLOBAL MATERIALS INC
> **$592K** approved 04/28/2020 · Paid in Full · Loan `8040547200`
## Borrower
- **Name:** GLOBAL MATERIALS INC
- **Address:** 1447 MIDDLESEX STREET, LOWELL, MA, 01851-1111
- **NAICS:** 325180
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $592K
- **Initial approval:** $592K
- **Forgiven:** $597K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $592K
- **Jobs reported:** 38
## Lender
- **Originating:** Enterprise Bank and Trust Company
- **Servicing:** Enterprise Bank and Trust Company (MA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*