PPP Loan information for Rainbow cleaners

$111,822

Rainbow cleaners was initially approved for PPP Loan of amount $83,700, the current approved amount is $111,822. The loan was approved on 04/06/2020 by The Bank of Holly Springs reported 17 jobs and $111,822 was used to fund payroll.

Rainbow cleaners is Existing or more than 2 years old

RAINBOW CLEANERS

Date Approved

04/06/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

RAINBOW CLEANERS

Borrower Address

1203 jackson avenue west

Borrower City

OXFORD

Borrower State

MS

Borrower Zip

38655-2511

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

83700.00

Current Approval Amount

111822.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39223

Servicing Lender Name

Bank of Holly Springs

Servicing Lender Address

970 Hwy 7 S

Servicing Lender City

HOLLY SPRINGS

Servicing Lender State

MS

Servicing Lender Zip

38635-9174

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OXFORD

Project County Name

LAFAYETTE

Project State

MS

Project Zip

38655-2511

CD

MS-01

Jobs Reported

17

NAICS Code

812320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

111822.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

39223

Originating Lender

Bank of Holly Springs

Originating Lender City

HOLLY SPRINGS

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

112982.99

Forgiveness Date

05/04/2021

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