PPP Loan information for Global payroll, inc

$1,849,370

Global payroll, inc was initially approved for PPP Loan of amount $1,849,370, the current approved amount is $1,849,370. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 243 jobs and $1,849,370 was used to fund payroll.

Global payroll, inc is Existing or more than 2 years old

GLOBAL PAYROLL, INC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GLOBAL PAYROLL, INC

Borrower Address

32600 Stephenson Highway 0.0

Borrower City

Madison Heights

Borrower State

MI

Borrower Zip

48071-5500

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1849370.00

Current Approval Amount

1849370.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Madison Heights

Project County Name

OAKLAND

Project State

MI

Project Zip

48071-5500

CD

MI-11

Jobs Reported

243

NAICS Code

561330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

103702.00

Payroll Proceed

1479496.00

Mortgage Interest Proceed

0.00

Rent Proceed

266172.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1871873.75

Forgiveness Date

07/02/2021

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