PPP Loan information for Rainbow 2000, inc.

$496,501

Rainbow 2000, inc. was initially approved for PPP Loan of amount $496,501, the current approved amount is $496,501. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 43 jobs and $496,501 was used to fund payroll.

Rainbow 2000, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Clio / Rainbow 2000, inc.

RAINBOW 2000, INC.

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RAINBOW 2000, INC.

Borrower Address

12219 N Saginaw Rd

Borrower City

Clio

Borrower State

MI

Borrower Zip

48420

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

496501.00

Current Approval Amount

496501.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clio

Project County Name

GENESEE

Project State

MI

Project Zip

48420-0001

CD

MI-08

Jobs Reported

43

NAICS Code

811112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

23774.00

Payroll Proceed

372376.00

Mortgage Interest Proceed

0.00

Rent Proceed

75351.00

Refinance EIDL Proceed

0.00

Health Care Proceed

25000.00

Debt Interest Proceed

0

Business Type

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

501380.23

Forgiveness Date

04/28/2021

;