# PPP loan: REACH OUT AND READ, INC.
> **$933K** approved 05/01/2020 · Paid in Full · Loan `5758907708`
## Borrower
- **Name:** REACH OUT AND READ, INC.
- **Address:** 89 South St Ste 201, Boston, MA, 02111
- **NAICS:** 451211
- **Business type:** Non-Profit Organization
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $933K
- **Initial approval:** $933K
- **Forgiven:** $941K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $933K
- **Jobs reported:** 68
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*