Date Approved
01/23/2021
SBA Office Code
0299
Processing Method
PPS
Borrower Name
RAINBOW CLEANERS ONE CORP
Borrower Address
302 Park Ave
Borrower City
Scotch Plains
Borrower State
NJ
Borrower Zip
07076-1184
Loan Status Date
02/16/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
8400.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
444264
Servicing Lender Name
NewBank
Servicing Lender Address
146-01 Northern Blvd
Servicing Lender City
NEW YORK CITY
Servicing Lender State
NY
Servicing Lender Zip
11354-4234
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
UNION
Project State
Project Zip
CD
NJ-07
Jobs Reported
3
NAICS Code
812320
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
8395.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
8480.97
Forgiveness Date
01/18/2022