# PPP loan: GENERATION READY INC
> **$1.85M** approved 08/07/2020 · Paid in Full · Loan `5238508208`
## Borrower
- **Name:** GENERATION READY INC
- **Address:** 42 GAGE COURT, TAPPAN, NY, 10983-1618
- **NAICS:** 611710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.85M
- **Initial approval:** $1.85M
- **Forgiven:** $1.44M (78%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.85M
- **Jobs reported:** 195
## Lender
- **Originating:** Community Federal Savings Bank
- **Servicing:** Community Federal Savings Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*