# PPP loan: READ KING, INC.
> **$610K** approved 04/09/2020 · Paid in Full · Loan `9174177000`
## Borrower
- **Name:** READ KING, INC.
- **Address:** 1900 WEST LOOP South, Suite 1250, HOUSTON, TX, 77027-3200
- **NAICS:** 531390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $610K
- **Initial approval:** $610K
- **Forgiven:** $615K (101%)
- **Forgiveness date:** 03/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $566K
- **Rent:** $42K
- **Utilities:** $1K
- **Jobs reported:** 34
## Lender
- **Originating:** Independent Bank d/b/a Independent Financial
- **Servicing:** Independent Bank d/b/a Independent Financial (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*