Date Approved
04/11/2020
SBA Office Code
0679
Processing Method
PPP
Borrower Name
RAINBOW CHEVROLET LLC
Borrower Address
2020 W AIRLINE HWY
Borrower City
LA PLACE
Borrower State
LA
Borrower Zip
70068-3000
Loan Status Date
01/14/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
647437.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
426652
Servicing Lender Name
Ally Bank
Servicing Lender Address
200 W Civic Center Dr
Servicing Lender City
SANDY
Servicing Lender State
UT
Servicing Lender Zip
84070-4207
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ST JOHN THE BAPTIST
Project State
Project Zip
CD
LA-02
Jobs Reported
53
NAICS Code
441110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
641615.75
Forgiveness Date
12/10/2020