# PPP loan: PRIMEDIA INC.
> **$203K** approved 04/16/2020 · Charged Off · Loan `2653547206`
## Borrower
- **Name:** PRIMEDIA INC.
- **Address:** 1775 Bald Hill Road Unit 1, Warwick, RI, 02886
- **NAICS:** 541810
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $203K
- **Initial approval:** $203K
- **Forgiven:** $136K (67%)
- **Forgiveness date:** 10/21/2021
- **Status:** Charged Off
- **Term:** 18 months
## Use of funds
- **Payroll:** $203K
- **Jobs reported:** 9
## Lender
- **Originating:** Citizens Bank, National Association
- **Servicing:** Citizens Bank, National Association (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*