PPP Loan information for Rainbow cakes inc

$256,200

Rainbow cakes inc was initially approved for PPP Loan of amount $256,200, the current approved amount is $256,200. The loan was approved on 01/22/2021 by The The Central Trust Bank reported 42 jobs and $256,200 was used to fund payroll.

Rainbow cakes inc is Existing or more than 2 years old

RAINBOW CAKES INC

Date Approved

01/22/2021

SBA Office Code

0709

Processing Method

PPS

Borrower Name

RAINBOW CAKES INC

Borrower Address

3928 Rainbow Blvd

Borrower City

Kansas City

Borrower State

KS

Borrower Zip

66103-2961

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

256200.00

Current Approval Amount

256200.00

Undisbursed Amount

0.00

Franchise Name

IHOP

Servicing Lender Location Id

40659

Servicing Lender Name

The Central Trust Bank

Servicing Lender Address

238 Madison St

Servicing Lender City

JEFFERSON CITY

Servicing Lender State

MO

Servicing Lender Zip

65101-3230

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Kansas City

Project County Name

WYANDOTTE

Project State

KS

Project Zip

66103-2961

CD

KS-03

Jobs Reported

42

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

256198.00

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

40659

Originating Lender

The Central Trust Bank

Originating Lender City

JEFFERSON CITY

Originating Lender State

MO

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

257552.17

Forgiveness Date

08/06/2021

;