# PPP loan: READING IS FUNDAMENTAL INC.
> **$580K** approved 04/15/2020 · Paid in Full · Loan `9280217101`
## Borrower
- **Name:** READING IS FUNDAMENTAL INC.
- **Address:** 5128 Worthington Dr, Bethesda, MD, 20816-2730
- **NAICS:** 611710
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $580K
- **Initial approval:** $580K
- **Forgiven:** $564K (97%)
- **Forgiveness date:** 08/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $580K
- **Jobs reported:** 26
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*