# PPP loan: READS MOVING SYSTEMS INC.
> **$216K** approved 03/06/2021 · Paid in Full · Loan `7716038508`
## Borrower
- **Name:** READS MOVING SYSTEMS INC.
- **Address:** 1840 County Line Rd Ste 201, Huntingdon Valley, PA, 19006-1719
- **NAICS:** 484210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $216K
- **Initial approval:** $216K
- **Forgiven:** $218K (101%)
- **Forgiveness date:** 12/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $216K
- **Utilities:** $1
- **Jobs reported:** 70
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (NJ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*