American Reading Co INC

$4,228,500 PPP Loan in King of Prussia, Pennsylvania

Loan Details

Loan Number
6736077102
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$4,228,500
Current Approval
$4,228,500
Forgiveness Amount
$4,276,893
Forgiveness Date
Jun 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
American Reading Co INC
Address
201 S Gulph Rd
ZIP Code
19406-3170
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424920)
Business Age
Existing or more than 2 years old
Jobs Reported
257
Estimated Revenue
$66.2M
Rural/Urban
Urban
Congressional District
PA-05

Loan Use Breakdown

Payroll
$4,228,500

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
Pnc Bank, National Association

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