# PPP loan: ALTON E GLEASON CO., INC.
> **$172K** approved 04/10/2020 · Paid in Full · Loan `1532647102`
## Borrower
- **Name:** ALTON E GLEASON CO., INC.
- **Address:** 658 BERKSHIRE AVE, SPRINGFIELD, MA, 01109-1052
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $172K
- **Initial approval:** $172K
- **Forgiven:** $175K (101%)
- **Forgiveness date:** 10/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $172K
- **Jobs reported:** 17
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*