# PPP loan: READING FOR EDUCATION, LLC
> **$1.45M** approved 04/07/2020 · Paid in Full · Loan `6479277003`
## Borrower
- **Name:** READING FOR EDUCATION, LLC
- **Address:** 180 Freedom Ave, MURFREESBORO, TN, 37129-6926
- **NAICS:** 561499
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.45M
- **Initial approval:** $1.45M
- **Forgiven:** $1.46M (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.09M
- **Rent:** $175K
- **Utilities:** $77K
- **Health care:** $100K
- **Debt interest:** $13K
- **Jobs reported:** 168
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*