PPP Loan information for Rainbow associates inc.

$18,400

Rainbow associates inc. was initially approved for PPP Loan of amount $18,400, the current approved amount is $18,400. The loan was approved on 04/09/2020 by The Midwest Regional Bank reported 6 jobs and $18,400 was used to fund payroll.

Rainbow associates inc. is Existing or more than 2 years old

PPP Loan Search / MO / BRIDGETON / Rainbow associates inc.

RAINBOW ASSOCIATES INC.

Date Approved

04/09/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

RAINBOW ASSOCIATES INC.

Borrower Address

3551 Pennridge Dr.

Borrower City

BRIDGETON

Borrower State

MO

Borrower Zip

63044-2412

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18400.00

Current Approval Amount

18400.00

Undisbursed Amount

0.00

Franchise Name

Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels

Servicing Lender Location Id

41195

Servicing Lender Name

Midwest Regional Bank

Servicing Lender Address

363 Festus Centre Dr

Servicing Lender City

FESTUS

Servicing Lender State

MO

Servicing Lender Zip

63028-2400

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRIDGETON

Project County Name

SAINT LOUIS

Project State

MO

Project Zip

63044-2412

CD

MO-01

Jobs Reported

6

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

18400.00

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

Corporation

Originating Lender Location Id

41195

Originating Lender

Midwest Regional Bank

Originating Lender City

FESTUS

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

18657.60

Forgiveness Date

09/20/2021

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