PPP Loan information for Rainbow cleaners one corp

$8,400

Rainbow cleaners one corp was initially approved for PPP Loan of amount $8,400, the current approved amount is $8,400. The loan was approved on 01/23/2021 by The NewBank reported 3 jobs and $8,400 was used to fund payroll.

Rainbow cleaners one corp is Existing or more than 2 years old

RAINBOW CLEANERS ONE CORP

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

8400.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Scotch Plains

Project County Name

UNION

Project State

NJ

Project Zip

07076-1184

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

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

444264

Originating Lender

NewBank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

8480.97

Forgiveness Date

01/18/2022

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