# PPP loan: INSTITUTE OF READING DEVELOPMENT, INC
> **$1.95M** approved 04/06/2020 · Paid in Full · Loan `6293697002`
## Borrower
- **Name:** INSTITUTE OF READING DEVELOPMENT, INC
- **Address:** 5 COMMERCIAL BLVD Ste 200, NOVATO, CA, 94949-6118
- **NAICS:** 611710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.95M
- **Initial approval:** $1.95M
- **Forgiven:** $1.97M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.95M
- **Jobs reported:** 136
## Lender
- **Originating:** First Savings Bank
- **Servicing:** First Savings Bank (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*