# PPP loan: GLEASON RESEARCH ASSOCIATES, INCORPORATED
> **$1.40M** approved 04/05/2020 · Paid in Full · Loan `5539667000`
## Borrower
- **Name:** GLEASON RESEARCH ASSOCIATES, INCORPORATED
- **Address:** 5030 Bradford Drive NW Suite 100, HUNTSVILLE, AL, 35805-1923
- **NAICS:** 541490
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.40M
- **Initial approval:** $1.40M
- **Forgiven:** $1.42M (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.05M
- **Rent:** $175K
- **Utilities:** $175K
- **Jobs reported:** 114
## Lender
- **Originating:** Village Bank and Trust, National Association
- **Servicing:** Village Bank and Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*