PPP Loan information for Rainbow child development center inc

$480,657

Rainbow child development center inc was initially approved for PPP Loan of amount $480,657, the current approved amount is $480,657. The loan was approved on 04/16/2020 by The JPMorgan Chase Bank, National Association reported 50 jobs and $480,657 was used to fund payroll.

Rainbow child development center inc is Existing or more than 2 years old

RAINBOW CHILD DEVELOPMENT CENTER INC

Date Approved

04/16/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

RAINBOW CHILD DEVELOPMENT CENTER INC

Borrower Address

13320 AVERY AVE APT 1B

Borrower City

FLUSHING

Borrower State

NY

Borrower Zip

11355

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

480657.00

Current Approval Amount

480657.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FLUSHING

Project County Name

QUEENS

Project State

NY

Project Zip

11355-1000

CD

NY-06

Jobs Reported

50

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

360493.00

Mortgage Interest Proceed

0.00

Rent Proceed

112266.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5898.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

484320.67

Forgiveness Date

01/25/2021

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