The Gledhill Road Machinery Company

$505,400 PPP Loan in Galion, Ohio

Loan Details

Loan Number
9039787003
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$505,400
Current Approval
$505,400
Forgiveness Amount
$509,429
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Gledhill Road Machinery Company
Address
765 Portland Way S
City
Galion
State
Ohio
ZIP Code
44833-1119
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333120)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$8.4M
Rural/Urban
Rural
Congressional District
OH-05

Loan Use Breakdown

Payroll
$349,000
Rent
$6,900
Utilities
$20,000
Health Care
$125,000
Debt Interest
$4,500

Lender Information

Servicing Lender
The Park National Bank
Originating Lender
The Park National Bank

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