PPP Loan information for Rainbow cleaning systems inc.

$388,367

Rainbow cleaning systems inc. was initially approved for PPP Loan of amount $388,367, the current approved amount is $388,367. The loan was approved on 04/16/2020 by The JPMorgan Chase Bank, National Association reported 90 jobs and $388,367 was used to fund payroll.

Rainbow cleaning systems inc. is Existing or more than 2 years old

RAINBOW CLEANING SYSTEMS INC.

Date Approved

04/16/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

RAINBOW CLEANING SYSTEMS INC.

Borrower Address

500 WEST PALATINE ROAD 106

Borrower City

WHEELING

Borrower State

IL

Borrower Zip

60090

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

388367.00

Current Approval Amount

388367.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WHEELING

Project County Name

COOK

Project State

IL

Project Zip

60090-0001

CD

IL-10

Jobs Reported

90

NAICS Code

561720

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

388367.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

393008.20

Forgiveness Date

07/01/2021

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