Reading for Education, LLC

$1,452,169 PPP Loan in Murfreesboro, Tennessee

Loan Details

Loan Number
6479277003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,452,169
Current Approval
$1,452,169
Forgiveness Amount
$1,461,946
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Reading for Education, LLC
Address
180 Freedom Ave
ZIP Code
37129-6926
Business Type
Limited Liability Partnership
Industry (NAICS)
Administrative and Support and Waste Management (561499)
Business Age
Existing or more than 2 years old
Jobs Reported
168
Estimated Revenue
$31.8M
Rural/Urban
Urban
Congressional District
TN-04

Loan Use Breakdown

Payroll
$1,087,500
Rent
$175,000
Utilities
$77,169
Health Care
$100,000
Debt Interest
$12,500

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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