# PPP loan: GLOBAL PAYROLL, INC
> **$1.85M** approved 04/09/2020 · Paid in Full · Loan `9840777006`
## Borrower
- **Name:** GLOBAL PAYROLL, INC
- **Address:** 32600 Stephenson Highway 0.0, Madison Heights, MI, 48071-5500
- **NAICS:** 561330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.85M
- **Initial approval:** $1.85M
- **Forgiven:** $1.87M (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.48M
- **Rent:** $266K
- **Utilities:** $104K
- **Jobs reported:** 243
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*