# PPP loan: GLASSON TOOL & SUPPLY COMPANY
> **$224K** approved 06/26/2020 · Paid in Full · Loan `4735628009`
## Borrower
- **Name:** GLASSON TOOL & SUPPLY COMPANY
- **Address:** 1062 HICKORY HOUSE RD, SANFORD, NC, 27332-9129
- **NAICS:** 333514
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $224K
- **Initial approval:** $224K
- **Forgiven:** $227K (101%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $224K
- **Jobs reported:** 18
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*