PPP Loan information for Rainbow city early childhood development center, inc.

$30,000

Rainbow city early childhood development center, inc. was initially approved for PPP Loan of amount $30,000, the current approved amount is $30,000. The loan was approved on 04/29/2020 by The Cadence Bank reported 11 jobs and $30,000 was used to fund payroll.

Rainbow city early childhood development center, inc. is Existing or more than 2 years old

RAINBOW CITY EARLY CHILDHOOD DEVELOPMENT CENTER, INC.

Date Approved

04/29/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

RAINBOW CITY EARLY CHILDHOOD DEVELOPMENT CENTER, INC.

Borrower Address

396 SUTTON BRIDGE RD

Borrower City

RAINBOW CITY

Borrower State

AL

Borrower Zip

35906-3217

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30000.00

Current Approval Amount

30000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RAINBOW CITY

Project County Name

ETOWAH

Project State

AL

Project Zip

35906-3217

CD

AL-04

Jobs Reported

11

NAICS Code

611699

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

30000.00

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

Subchapter S Corporation

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

30285.00

Forgiveness Date

04/26/2021

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