PPP Loan information for Rainbow auto wash

$44,293

Rainbow auto wash was initially approved for PPP Loan of amount $44,293, the current approved amount is $44,293. The loan was approved on 02/18/2021 by The First Merchants Bank reported 11 jobs and $44,293 was used to fund payroll.

Rainbow auto wash is Existing or more than 2 years old

RAINBOW AUTO WASH

Date Approved

02/18/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

RAINBOW AUTO WASH

Borrower Address

21777 Allen Rd

Borrower City

Woodhaven

Borrower State

MI

Borrower Zip

48183-1686

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

44293.45

Current Approval Amount

44293.45

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

Woodhaven

Project County Name

WAYNE

Project State

MI

Project Zip

48183-1686

CD

MI-06

Jobs Reported

11

NAICS Code

811192

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

44292.45

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

44835.89

Forgiveness Date

05/18/2022

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