PPP Loan information for Rainbow acres, inc

$47,700

Rainbow acres, inc was initially approved for PPP Loan of amount $47,700, the current approved amount is $47,700. The loan was approved on 04/09/2020 by The The Old Fort Banking Company reported 36 jobs and $47,700 was used to fund payroll.

Rainbow acres, inc is Existing or more than 2 years old

RAINBOW ACRES, INC

Date Approved

04/09/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

RAINBOW ACRES, INC

Borrower Address

115 PORTAGE ST

Borrower City

OAK HARBOR

Borrower State

OH

Borrower Zip

43449-1437

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47700.00

Current Approval Amount

47700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57998

Servicing Lender Name

The Old Fort Banking Company

Servicing Lender Address

8034 Main St

Servicing Lender City

OLD FORT

Servicing Lender State

OH

Servicing Lender Zip

44861

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OAK HARBOR

Project County Name

OTTAWA

Project State

OH

Project Zip

43449-1437

CD

OH-09

Jobs Reported

36

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4600.00

Payroll Proceed

38500.00

Mortgage Interest Proceed

0.00

Rent Proceed

4600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

57998

Originating Lender

The Old Fort Banking Company

Originating Lender City

OLD FORT

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

48263.12

Forgiveness Date

06/17/2021

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