PPP Loan information for Learning rainbow preschool

$70,000

Learning rainbow preschool was initially approved for PPP Loan of amount $70,000, the current approved amount is $70,000. The loan was approved on 04/12/2020 by The First Merchants Bank reported 16 jobs and $70,000 was used to fund payroll.

Learning rainbow preschool is Existing or more than 2 years old

PPP Loan Search / MI / Commerce Twp / Learning rainbow preschool

LEARNING RAINBOW PRESCHOOL

Date Approved

04/12/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LEARNING RAINBOW PRESCHOOL

Borrower Address

2405 Benstein Rd

Borrower City

Commerce Twp

Borrower State

MI

Borrower Zip

48390-1818

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70000.00

Current Approval Amount

70000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Commerce Twp

Project County Name

OAKLAND

Project State

MI

Project Zip

48390-1818

CD

MI-11

Jobs Reported

16

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

70000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

70857.26

Forgiveness Date

07/09/2021

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