# PPP loan: GLEASON TECHNOLOGY INC.
> **$303K** approved 04/28/2020 · Paid in Full · Loan `8246577204`
## Borrower
- **Name:** GLEASON TECHNOLOGY INC.
- **Address:** 941 MENOHER BLVD, JOHNSTOWN, PA, 15905-2800
- **NAICS:** 519190
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $303K
- **Initial approval:** $303K
- **Forgiven:** $306K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $273K
- **Rent:** $15K
- **Utilities:** $15K
- **Jobs reported:** 21
## Lender
- **Originating:** First Commonwealth Bank
- **Servicing:** First Commonwealth Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*