# PPP loan: GLENCO FOAM AND INSULATION INC
> **$237K** approved 04/08/2020 · Paid in Full · Loan `8825507003`
## Borrower
- **Name:** GLENCO FOAM AND INSULATION INC
- **Address:** 123 TURNER HILL ROAD, EASLEY, SC, 29642-8951
- **NAICS:** 238310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $237K
- **Initial approval:** $237K
- **Forgiven:** $202K (85%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $196K
- **Rent:** $4K
- **Utilities:** $6K
- **Health care:** $30K
- **Jobs reported:** 24
## Lender
- **Originating:** The Park National Bank
- **Servicing:** The Park National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*