PPP Loan information for Reading partners

$3,070,000

Reading partners was initially approved for PPP Loan of amount $3,070,000, the current approved amount is $3,070,000. The loan was approved on 04/27/2020 by The U.S. Bank, National Association reported 205 jobs and $3,070,000 was used to fund payroll.

Reading partners is Existing or more than 2 years old

READING PARTNERS

Date Approved

04/27/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

READING PARTNERS

Borrower Address

180 Grand Ave #800

Borrower City

Oakland

Borrower State

CA

Borrower Zip

94612

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3070000.00

Current Approval Amount

3070000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Oakland

Project County Name

ALAMEDA

Project State

CA

Project Zip

94612-0001

CD

CA-12

Jobs Reported

205

NAICS Code

611691

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

3070000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

3104232.60

Forgiveness Date

06/17/2021

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