# PPP loan: READS MOVING SYSTEMS OF CAROLINA
> **$298K** approved 04/08/2020 · Paid in Full · Loan `7750807010`
## Borrower
- **Name:** READS MOVING SYSTEMS OF CAROLINA
- **Address:** 1072 Drop Off, SUMMERVILLE, SC, 29486
- **NAICS:** 484110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $298K
- **Initial approval:** $298K
- **Forgiven:** $300K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $298K
- **Jobs reported:** 40
## Lender
- **Originating:** United Community Bank
- **Servicing:** United Community Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*