# PPP loan: READING FOUNDRY & SUPPLY CO., LLC
> **$795K** approved 04/16/2020 · Paid in Full · Loan `2904747202`
## Borrower
- **Name:** READING FOUNDRY & SUPPLY CO., LLC
- **Address:** 650 Chestnut St, Reading, PA, 19602
- **NAICS:** 333511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $795K
- **Initial approval:** $795K
- **Forgiven:** $800K (101%)
- **Forgiveness date:** 12/16/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $596K
- **Mortgage interest:** $99K
- **Utilities:** $99K
- **Jobs reported:** 54
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*