PPP Loan information for Rainbow 66 store house inc.

$376,300

Rainbow 66 store house inc. was initially approved for PPP Loan of amount $376,300, the current approved amount is $376,300. The loan was approved on 03/12/2021 by The First Bank reported 81 jobs and $376,300 was used to fund payroll.

Rainbow 66 store house inc. is Existing or more than 2 years old

PPP Loan Search / NC / Laurinburg / Rainbow 66 store house inc.

RAINBOW 66 STORE HOUSE INC.

Date Approved

03/12/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

RAINBOW 66 STORE HOUSE INC.

Borrower Address

1225 S Caledonia Rd

Borrower City

Laurinburg

Borrower State

NC

Borrower Zip

28352-4849

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

376300.00

Current Approval Amount

376300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Laurinburg

Project County Name

SCOTLAND

Project State

NC

Project Zip

28352-4849

CD

NC-09

Jobs Reported

81

NAICS Code

623220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

376294.00

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

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

379111.80

Forgiveness Date

12/23/2021

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